Debit balance as per bank pass book mean_____________?

✅ A. Straight-line method

Option A : Straight-line method Option B : Written down value method Option C : Units-of-production method Option D : Sum-of-the years-digits method Correct Answer : Straight-line method Read more

✅ D. $3000 will be subtracted from cash book balance

Option A : $1000 will be added to cash book balance Option B : $2000 will be deducted from cash book balance Option C : $3000 will be added to cash book balance Option D : $3000 will be subtracted from cash book balance Correct Answer : $3000 will be subtracted from cash book balance Read more

✅ C. 24

Option A : 37.5 Option B : 38.25 Option C : 24 Option D : 35 Correct Answer : 24 Read more

✅ B. It is adjusted in the Purchase A/c

Option A : It is already adjusted in the opening stock Option B : It is adjusted in the Purchase A/c Option C : It is adjusted in the Cost of Sale A/c Option D : It is adjusted in the Profit &Loss A/c Correct Answer : It is adjusted in the Purchase A/c Read more

✅ B. Two column cash book

Option A : Simple cash book Option B : Two column cash book Option C : Three column cash book Option D : Petty cash book Correct Answer : Two column cash book Read more

✅ C. Budget

Option A : Direct cost Option B : Cost Sheet Option C : Budget Option D : Marginal Costing. Correct Answer : Budget Read more

✅ D. Depreciable value

Option A : Scrap value Option B : Residual value Option C : Market value Option D : Depreciable value Correct Answer : Depreciable value Read more

✅ B. Payments

Option A : Receipts Option B : Payments Option C : Income Option D : Expense Correct Answer : Payments Read more