Which of the following payment is made from petty cash?
A) Purchase of non-current asset
B) Payment to creditors
C) Cash deposited into bank
D) Payment of postage & telegrams
Correct Answer:
Verified
Q76: In case of a debt becoming bad,
Q77: When goods are purchased for cash, the
Q78: The balance of petty cash is?
A)An asset
B)A
Q79: All of the following are not considered
Q80: Entry representing the reversal or cancellation of
Q81: The debit side discount column of three
Q82: The total of the 'Discounts Allowed' column
Q83: Cash discount is provided?
A)Early payment
B)Late payment
C)Bulk purchase
D)Bulk
Q84: Which of the following explains the imprest
Q86: Which of the following transactions does not
Unlock this Answer For Free Now!
View this answer and more for free by performing one of the following actions
Scan the QR code to install the App and get 2 free unlocks
Unlock quizzes for free by uploading documents