A. Cash column
B. Bank column
C. Petty cash column
D. Discount column
Related Mcqs:
- Cash book with cash and discount column is mostly referred as________?
A. Simple cash book
B. Two column cash book
C. Three column cash book
D. Petty cash book - A cash book with cash, bank and discount column is commonly referred as________?
A. Cash book
B. Two columns cash book
C. Three columns cash book
D. Petty cash book - A discount of $2000 was given to a supplier on his prompt repayment of debt but the cashier entered the gross amount in cash book. What should be the adjustment in cash to work out the correct balance of cash book?
A. $2000 will be debited in cash book
B. $2000 will be credited in cash book
C. $4000 will be debited in cash book
D. $4000 will be credited in the cash book - A company was entered in hire purchase agreement and had to pay $1000 per month. Three payments were made via bank account but no entry was found in cash book. Identify the correct adjustment in cash book
A. $1000 will be added to cash book balance
B. $2000 will be deducted from cash book balance
C. $3000 will be added to cash book balance
D. $3000 will be subtracted from cash book balance - Which column of a cash book will not have credit balance___________?
A. Bank column
B. Discount column
C. Cash column
D. None - A simple or one column cash book usually has which of the following main columns?
A. Bank
B. Payments
C. Discount
D. Cash - Which of the following is a type of cash receipt journal + cash payment journal?
A. Bank statement
B. Statement of cash flow
C. Cash book
D. Cash documents - $5000 deposited in bank account was entered twice in the cash book. Identify the correct adjustment in cash book.
A. $5000 will be credited
B. $5000 will be debited
C. $10,000 will be credited
D. $10,000 will be debited - Purchase of office equipment for cash will be recorded on which of the following sides of a cash book?
A. Receipts
B. Payments
C. Incomes
D. Expenditures - A cash book that is used to record the small payments of cash is generally referred as_________?
A. Simple cash book
B. Two column cash book
C. Three column cash book
D. Petty cash book
The correct answer to the question: "In a three column cash book_______________does not exist?" is "Petty cash column".
