Bank Reconcilia...

_______ is drawn by the seller of goods to the buyer and is returned by the buyer after accepting it

Cash book does not record transaction of :

The amount paid to the petty cashier at the beginning of a period is known as _____ amount.

Negative balance of bank account in cash book shows:

Goods purchased on cash are recorded in the

Which of the following transaction will not be recorded in the purchase book

Assets sold on credit are entered in _______

If both cash and bank columns are affected by any transactions it is called a

The owner invests personal cash in the business.

Total of these transactions is posted in purchase account :

Debit means

Cash book is a _______ journal.

Cash book does not record the _______transactions.

Which of following is not an advantage of a subsidiary book?

_____ Note contains the name of suppliers to whom goods are being ___

Double column cash book records:

Payment of Bank loan will effect_____

In Journal proper, only_______ discount is recorded.

Balancing of account means :

Following items should be subtracted which decrease the pass book balance and increase the cash book balance except