A. Receipts
B. Payments
C. Incomes
D. Expenditures
Correct Answer: Payments ✔
Last Updated: August 21, 2020
Related MCQs
- The most common imprest system is the ________ system?
- A cash book with cash, bank and discount column is commonly referred as________?
- Introduction capital by owner of business is recorded on which side of a cash book?
- Cash discount is allowed on _______ repayment of debt.
- Payment of rent expenses is recorded on which side of cash book?
- A cash book that is used to record the small payments of cash is generally referred as_________?
- Postage stamps on hand are considered as_________?
- Purchase of office equipment for cash will be recorded on which of the following sides of a cash book?
- A simple or one column cash book usually has which of the following main columns?
- Cash book with cash and discount column is mostly referred as________?
- Which of the following is generally not the party to a check?
- Postdated checks are considered as__________?
- Petty cash fund is supposed to be replenished?
- A credit balance in cash book indicates?
- The closing balance of petty cash book is considered as_________?
- Discount received is recorded on which of the following side of a cash book?
- Cash book is prepared by__________?
- Cash book records:__________?
- An entry which is made on both sides of a cash book is called__________?
- Which of the following statements is/are true ?