Physics Mcqs

Submitted By: Ali Uppal

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  • A company was entered in hire purchase agreement and had to pay $1000 per month. Three payments were made via bank account but no entry was found in cash book. Identify the correct adjustment in cash book
  • Balance as per cash book(adjusted.=$1000, Unpresented checks=$2000, Uncredited checks=$500, Deposit in transit=$500. Compute the balance as per bank statement.
  • Favorable balance of bank statement implies that
  • _________ Checks that are presented to bank but not yet credited by the bank.
  • Which of the following error results in unadjusted cash book balance?

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