Cash Book Quiz-2
Cash Book Quiz-2 Index => Cash Book Quiz-2 Quiz Show all questions <= => Cash in hand A/c may have ? Only credit balance. ? Only debit balance. ? Debit or credit balance. ? None of the above Which individual is typically responsible for maintaining the petty cash book? ? Chief Financial Officer (CFO) ? External auditor ? Petty cash custodian ? Bank manager Which type of cash book is commonly used by nonprofit organizations or small businesses for tracking cash expenditures? ? Single column cash book ? Double column cash book ? Triple column cash book ? Petty cash book If a company receives cash from a debtor, which column(s) in the cash book will be affected? ? Cash column ? Bank column ? Cash and Bank columns ? Credit column The balance of cash book shows ? Net income. ? Cash in hand. ? Net expenditure. ? Net bank balance. In a petty