Flashcards
Nosheen and Zub
Cards in this deck (4)
- 1In which book of prime entry do cash and notes record in to? a) cash book b) petty cash book c) Sales day booka) Petty Cash Book
- 2True or False? Debit goes to the right side of trial balanceTrue
- 3True or False When the owner draws money out of the bank the amount of balance increasesFalse, because the owner is taking money out of the bank therefore the money will be decreased
- 4True or False? The only users of financial information are the owners of the businessFalse