Credit balance as per Cash Book mean____________?

A: Surplus cash

B: Bank overdraft

C: Terms deposits with bank

D: None of these

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Bank overdraft

Debit side of Bank Pass book corresponds to___________?

A: Credit side of Cash Book

B: Debit side of Cash Book

C: Debit side of Trial Balance

D: Credit side of Balance Sheet

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Credit side of Cash Book

Difference in Bank Balance as per Pass Book and Cash Book may arise on account of_____________?

A: Cheque issued but not presented

B: Cheque issued but dishonoured

C: Cheque deposited and credited by bank

D: Both and B.

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Both and B.

Goodwill A/c is a/an__________?

A: Nominal A/c

B: Tangible Asset

C: Intangible Asset

D: Fictitious Asset

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Intangible Asset

Posting is the process of____________?

A: Posting the letters in drop box

B: Posting suitable person to a suitable job

C: Entering in the ledger the information contained in the ledger

D: All the three

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Entering in the ledger the information contained in the ledger

A book wherein various accounts are opened is called____________?

A: Subsidiary books

B: Journal

C: Ledger

D: Trial Balance

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Ledger

Which of these is not a special purpose journal?

A: Cash journal

B: Purchase journal

C: Debtors journal

D: Sales journal

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Debtors journal

The periodic total of sales day book is posted to___________?

A: Sales A/c

B: Cash sales A/c

C: Sales return A/c

D: Credit sales A/c

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Sales A/c

The periodic total of purchase day book is posted to____________?

A: Purchase register

B: Purchase A/c

C: Cash purchase A/c

D: Credit purchase A/c

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Purchase A/c

Capital expenses are shown in___________?

A: Balance Sheet

B: Profit and Loss A/c

C: Trading A/c

D: None of these

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Balance Sheet

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