Prep
Bee
Pakistan
Free MCQ Practice Platform for Govt Job Exams
Home
MCQs
Quiz
Past Papers
FIA Prep
Contact
Quiz Mode
Login
Register
Preparing your study page...
Home
MCQs
Management Sciences
MEDIUM
ENGLISH
Management Sciences
A company was entered in hire purchase agreement and had to pay $1000 per month. Three payments were made via bank account but no entry was found in cash book. Identify the correct adjustment in cash book
A
$1000 will be added to cash book balance
Option A
B
$2000 will be deducted from cash book balance
Option B
C
$3000 will be added to cash book balance
Option C
$3000 will be subtracted from cash book balance
Correct answer
Correct answer: D
Explanation
No explanation provided for this MCQ yet.
Hide Answer
Hide Explanation
Start Related Quiz
Submit Correction
More MCQs