The course of discrepancies between the bank statement an...
The course of discrepancies between the bank statement and the cash book that overstates the cash book is the?
Dividend received
Uncredited expenses
Uncredited cheques
Interest on lodgement
Correct answer is C
Uncredited cheques: These are cheques received from customers and other sources for which the firm has banked but the bank has not yet availed the funds by crediting the firm's account. In this case, the cash book balance will be more than the bank balance.
A loss made on the disposal of a fixed assets is debited to ...
In the balance sheet, the balance on the provision for Depreciation Account shown as ...
When discount is allowed, the accounting entry is debit Discount allowed and credit ...
Which of the following entries is made damaged goods are returned to the supplier? ...
The objective of preparing departmental account is to determine the ...
Use the following to answer the given question \(\begin{array}{c|c} & N & & N \\ \h...
Which of the following expresses the accounting equation? ...