A. Uncollected checks
B. Uncredited checks
C. Outstanding checks
D. Bounced checks
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Related Mcqs:
- _________ Checks that are presented to bank but not yet credited by the bank.
- A. Unpresented checks B. Uncredited checks C. Outstanding checks D. Bounced checks...
- Balance as per cash book(adjusted.=$1000, Unpresented checks=$2000, Uncredited checks=$500, Deposit in transit=$500. Compute the balance as per bank statement.
- A. $2000 B. Zero C. $3000 D. $2500...
- Bank reconciliation statement is the comparison of a bank statement (sent by bank) with the _________ (prepared by business).
- A. Cash receipt journal B. Cash payment journal C. Cash book D. Financial statements...
- In bank reconciliation statement the amount of outstanding checks is added to ________ balance of cash book.
- A. Adjusted B. Unadjusted C. Understated D. Overstated...
- Unpresented checks also referred as____________?
- A. Uncollected checks B. Uncredited checks C. Outstanding checks D. Bounced checks...
- Uncollected checks also referred as______________?
- A. Unpresented checks B. Uncredited checks C. Outstanding checks D. Bounced checks...
- Postdated checks are considered as__________?
- A. Cash B. Bank balance C. Accounts receivable D. Cash reserve...
- A cash deposit made by business appears on the bank statement as _______ balance?
- A. Debit B. Credit C. Expenses D. Liability...
- The portion of the acquisition cost of the asset yet to be allocated is known as___________?
- A. Written down value B. Accumulated value C. Salvage value D. Residual Value...
- On scrutiny of a firm‘s books of accounts, it was observed that the following errors have occurred in the previous years but have not yet been rectified.
- i. Depreciation for 2011-2012- 7,000 understated ii. Accrued expenses as at March 31, 2013 – 10,000 understated The impact of this on the reported net income for the year ending March 31, 2013 is A. 7,000 Overstated B. 10,000 Overstated C. 17,000 Understated D. 17,000 Overstated...
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