Which of the following items will not be entered in the adjusted cash book?
Dishonoured cheques
Direct payments to bank
Uncredited cheques
Standing order payments
Correct answer is C
No explanation has been provided for this answer.
Bank reconciliation statement
Bank statement
Credit transfer
Banker's advice
Correct answer is B
No explanation has been provided for this answer.
The claim on the assets of a business by outsiders is
Capital
Liabilities
Reserves
Provisions
Correct answer is B
No explanation has been provided for this answer.
Customers use the financial position of a company to
Assess the financial position of the business
Regulate their activities
Ascertain the taxable profit of the business
Be sure of the extent of job security
Correct answer is A
No explanation has been provided for this answer.
A method of charging depreciation at a fixed percentage of the net book value is
Straight line method
Reducing balance method
Sum of the years' digits method
Revaluation method
Correct answer is B
No explanation has been provided for this answer.