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.
- Select the option that is related to the third term in the same way as the second term is related to first term and the sixth term is related to the fifth ...
Select the set in which the numbers are related in the same way as are the numbers of the following set. (NOTE : Operations should be performed on the w...
If ZIP = 26916 and ZEAL = 265112, then ZIPPER =
A series is given with one term missing. Choose the correct alternatives from the given ones that will complete the series.
KMN, OQR, SUV, WYZ, ____.
Select the option that is related to the third number in the same way as the second number is related to the first number.
72 : 101 :: 98 : ?
Which word will best complete the relationship given below?
Hygrometer : Humidity :: Barometer : ?
Select the option that is related to the third term in the same way as the second term is related to the first term.
ORGANS : SNTZRO : : PARROT : ?
If PET = 16520 and PETER = 16520518, then PREHEAT =
Select the option that is related to the third term in the same way as the second term is related to the first term.
BSTN: AQUP :: DNUC : ?
Hill is related to mountain in the same way as
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