Question

I. Choose the correct answer:
1. Cash deposited is entered on the debit side of............
a) Pass book b) cash book c)both (a) or (b)
2. Cash is entered on the credit side of
a) Pass book b) cash book c)both (a) or (b)
3. In cash book, the favorable balance indicates....
a) Credit side b) bank overdraft c) debit balance
4. Bank reconciliation statement compares a bank statement with ....
a) Cash payment journal b) financial statement c) cash book​

Answer 1

Answer:

Pass book, cash book, -, financial statement