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 discount of $2000 was given to a supplier on his prompt repayment of debt but the cashier entered the gross amount in cash book. What should be the adjustment in cash to work out the correct balance of cash book?
A
$2000 will be debited in cash book
Option A
$2000 will be credited in cash book
Correct answer
C
$4000 will be debited in cash book
Option C
D
$4000 will be credited in the cash book
Option D
Correct answer: B
Explanation
No explanation provided for this MCQ yet.
Hide Answer
Hide Explanation
Start Related Quiz
Submit Correction
More MCQs