11th Principles of Accounting MCQS
Bank reconciliation statement is prepared by
Customers Accountant
Auditor
Banker
Manager
Book used to record petty expenses and receipts
Petty Cash Book
Double Column Cash Book
Single Column Cash Book
Treble Column Cash Book
Contra Refers to
Opposite Side
Same Side
Parallel Side
None of these
Discount deducted from the catalogue or list price is called:
Trade discount
Catalogue discount
Credit discount
Cash discount
When boan statement shown a debit total balance it means:
Overdraft as per bank statement
Unfavourable balance as per cash book
Favourable balance as per cash book
Overdraft as per cash book
Google Ads