Imprest system is used in

Related MCQs

• The term Imprest system is related to………
• Which of the following explains the imprest system of operating petty cash?
• Which of the following is true statement for computerised accounting system? a. the computer accounting system is based on the concept of database. b. Computer accounting system does not away with the concept of creating and maintaining journals, ledger etc.
• Single entry system of book keeping system
• To convert the accounts prepared on cash system of accounting into mercantile system of accounting, which of these adjustments is not necessary
• Opening an account in a computerized accounting system is entirely different from opening an account in a manual system.
• Computer Accounting System is used for recording the financial transaction. Sol:
• Which method is used under single entry system to find out the profit or loss?
• Stock and debtors system is generally used when the goods are sent to the branch at
• In the case of net worth method of single entry system, the net profit is ascertained by