Book debts normally has ……………………… balance.

Related MCQs

• M/s. A.B. Enterprises has bank balance 8,800 as per cash book and the followings were found: (a) Three cheques deposited in bank for 5,800 but only one cheque for 2,000 was cleared. (b) Dividend collected by Bank 1,250 was wrongly entered in cash book as 1,520. What is balance as per pass book?
• From the following details ascertain the adjusted bank balance as per Cash Book – overdraft as per Cash Book 1,60,000; cheque received entered twice in the Cash Book 10,000; credit side of bank column cash short by 1,000; bank charges amounting to 400 entered twice:
• At the time of preparation of financial accounts, balance of Bad Debts Recovered Account will be transferred to
• In a overdraft balance as per cash book, a cheque of 1,250 deposited into bank but not recorded in cash book will be
• Difference in Bank Balance as per Pass book and Cash book may arise on account of
• Accounts receivable normally has ……………………. Balance
• Which balance is not considered for closing entries on t he basis of trial balance for transferring to Trading and Profit & Loss Account?
• At the end of the year Bad Debts Recovered Account is
• The debts written off earlier as bad, subsequently recovered are
• When credit balance as per pass book is the starting point of a Bank Reconciliation Statement then bank charges are