Question
Which of the following statement/s is/are incorrect
related to the difference between Journal and cash book?        I.           The journal is used to record all financial transactions in chronological order, while the cash book specifically records all cash and bank transactions.      II.           The journal typically has a three-column format, on the other hand cash book has two-column format.   III.    Transactions are recorded in the journal as soon as they occur, while entries in the cash book are typically made on a daily basis.Solution
The journal typically has a two-column format, with one column for debits and one for credits. The cash book, on the other hand, has a three-column format, with one column for receipts, one for payments, and one for the balance.
1 Auditing begins where ______ ends.
The due date for filing TDS return for the quarter ending 30th June is:
 Internal auditor is removed and appointed by which among the following?
The time limit for applying for GST registration is within __________ of becoming liable to obtain GST registration.
GSTN is a?
Capital structure of a firm influences the:
The primary objective of Working Capital Management is to:
As per the Companies Act, 2013, which of the following companies must appoint a full-time Company Secretary?
Under cash basis accounting, revenue is recorded when:
The difference between the spot price and the future price of a future is called as _____?
Relevant for Exams:
