The fixed amount of money given to a petty cashier at the beginning of a period is called?
Imprest
Petty cash
Float
Cash advance
Correct answer is C
No explanation has been provided for this answer.
Outstanding cheques
Bank service charges
Deposit in the mail not yet received by the bank
Bank error, charging a company for another company's cheque
Correct answer is D
No explanation has been provided for this answer.
They must be balanced in the cash book and the difference taken to the debtors ledger
They must be balanced in the cash book and the difference taken to the trial balance
They should not be balanced in the cash book before being taking to the trial balance
They should not appear in the trial balance as they were already either received or paid out
Correct answer is D
No explanation has been provided for this answer.
N8,900
N9,800
N14,600
N16,400
Correct answer is D
No explanation has been provided for this answer.
A source document for the sales day book is
A requisition form
An invoice
A customer advice
A credit advice
Correct answer is B
No explanation has been provided for this answer.