In a three-column cash book, dishonored cheques will be s...
In a three-column cash book, dishonored cheques will be shown on the
Bank column (debit)
Bank column(credit)
Cash column(debit)
Cash column(credit)
Correct answer is B
Dishonoured cheques will be recorded on the credit side, write "By Debtor A/C" with respective amount in the bank column.
If rent account is debited instead of rate account, the error committed is that of; ...
Companies issue shares to the public in order to ...
Four broad classifications of overheads are? ...
Which of the following branches of accounting was first developed? ...
Bank reconciliation statement reconciles ...
Which of the following is an item of special assets? ...
Carriage inwards is shown on the ...
UCHENNA ENTERPRISES: Balance sheet as at 31st December, 1993 \(\begin{array}{c|c} & N & N &a...