1. default_user.png
    DownLoad Answer

    Which of the following errors results in unadjusted cash book balance

    Which of the following errors results in unadjusted cash book balance
    
    
    
    1.Which of the following errors results in unadjusted cash book balance?
    A)Outstanding cheques
    B)Unpresented cheques
    C)Deposit in transit
    D)Omission of Bank charges 
    2. Bank charges amounting to $5000 was not entered in the cash book. Identify the correct adjustment in cash book
    A)Bank charges will be debited in cash book
    B)Bank charges will be added to cash book balance
    C)Bank charges will be credited in cash book
    D)Bank charges need no adjustment in cash book 
    3.Unpresented cheques are also referred to as 
    A) Stale cheques
    B) Uncredited cheques 
    C) Outstanding cheques 
    D) Bounced cheques 
    4.Trial balance is prepared to check accuracy of 
    A) Ledger accounts balances
    B) Balance sheet balances
    C) Income statement balances 
    D) Cash flow statement balances
    5. If a transaction is completely omitted from the books of accounts, will it affect the agreement of a trial balance?
    A)Yes
    B)No
    C)Transactions can©t be omitted 
    
    
    
    Business Management Assignment Help, Business Management Homework help, Business Management Study Help, Business Management Course Help

Answer Detail

  1. Which of the following errors results in unadjusted cash book balanceWhich of the following errors r
    To see full answer buy this answer.
    Answer Attachments

    1 attachments —

    • img
      21373756.docx