Which of the following is not a cause of difference in balance as per cash book and balance as per bank pass book___________?

✅ A. Current Assets

Option A : Current Assets Option B : Fixed Assets Option C : Current Assets& current liabilities Option D : All of the above Correct Answer : Current Assets Read more

✅ D. Amount to be paid in foreign currency

Option A : Unconditional Option B : Certainty of amount Option C : In writing Option D : Amount to be paid in foreign currency Correct Answer : Amount to be paid in foreign currency Read more

✅ C. Debtors journal

Option A : Cash journal Option B : Purchase journal Option C : Debtors journal Option D : Sales journal Correct Answer : Debtors journal Read more

✅ C. Results in the acquisition of a permanent asset

Option A : Benefits the current accounting period Option B : Will benefit the next accounting period Option C : Results in the acquisition of a permanent asset Option D : Results in the acquisition of a current asset Correct Answer : Results in the acquisition of a permanent asset Read more

✅ A. 6441

Option A : 6441 Option B : 5431 Option C : 7654 Option D : 9876 Correct Answer : 6441 Read more

✅ A. Amortization

Option A : Amortization Option B : Loan Payment Option C : Liability Option D : Securitization Correct Answer : Amortization Read more

✅ D. Cash as per cash book with bank balance as per bank pass book

Option A : Trial balance Option B : Cash book Option C : Bank A/c Option D : Cash as per cash book with bank balance as per bank pass book Correct Answer : Cash as per cash book with bank balance as per bank pass book Read more

✅ C. Assets

Option A : Liability Option B : Gain Option C : Assets Option D : Loss Correct Answer : Assets Read more