Petty expenses paid in cash are recorded in:

Related MCQs

• 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:
• The balance of the Petty Cash is a / an
• In a overdraft balance as per cash book, a cheque of 1,250 deposited into bank but not recorded in cash book will be
• Payment of personal expenses of the owners of business need to be recorded as:
• The petty cashier generally works on ……………………. System
• Which of the following transaction is not recorded in cash book?
• Expenses paid but not accrued means
• 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?
• A debit note issued to a creditor for goods returned is to be recorded in the
• Sales of 6,570 is recorded in the sales book as 6,750. Such Error is known as