3538427
Description
Flashcards by Nosheen Zaman, updated more than 1 year ago
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Created by Nosheen Zaman
about 9 years ago
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| Question | Answer |
| In which book of prime entry do cash and notes record in to? a) cash book b) petty cash book c) Sales day book | a) Petty Cash Book |
| True or False? Debit goes to the right side of trial balance | True |
| True or False When the owner draws money out of the bank the amount of balance increases | False, because the owner is taking money out of the bank therefore the money will be decreased |
| True or False? The only users of financial information are the owners of the business | False |
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