Question
Credit Balance of the Bank in the company’s Cash Book
is:Solution
The transactions in the cash book are recorded as follows: •    All cash receipts are recorded as a debit, •    all cash payments are recorded as a credit As such a credit balance in the cash book indicates the bank account has becomes negative and the company in effect has borrowed from the bank. It is therefore a liability for the company.
In the question below there are three statements followed by two conclusions I and II. You have to take the three given statements to be true even if t...
Statements:
Some plates are spoons.
All spoons are cups.
No cup is a fork.
Conclusions:
I. Some plates are cup...
Statements:
Some diamonds are golds.
Some golds are marbles.
Conclusions:
I. Some diamonds are marbles.
II. Som...
Statements :
Some pens are tables.
No table is a book.
Some books are threads
Some threads are boxes.
Conclusions: ...
How many children does Mr. Raman has?
I. Mr. Raman has eight sons and each has one sister.
II. Number of sons of Mr. Raman is eight times ...
Statement:
Only a few P are Q Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â
Only a few Q are R Â Â Â Â Â Â Â Â Â Â Â Â ...
In the question below there are three statements followed by three conclusions I, II and III. You have to take the four given statements to be true eve...
Read the given statements and conclusions carefully. Assuming that the two statements are given followed by three conclusions numbered I, II and III. ...
Statements:
No curtain is wall.
None of the walls is windows.
All windows are roofs.
Conclusions:
I. Mostly roofs bei...
Statements:
Some kitchen is balcony.
All balcony is room.
No room is floor.
Conclusions:
I....
