ExamVeda
Login
Home

Favourable balance of cash book implies

This question belongs to Commerce Accounting
Accounting
?

Favourable balance of cash book implies

Answer & Solution
Correct Answer: Option B
Favourable balance of cash book implies balance at Bank. The credit balance as per the cash book indicates bank overdraft.
Examveda
Question posted by Examveda
Community

Join the Discussion

1 Comment
Yogeshwar Singh
Yogeshwar Singh 6 years ago
How ??
Keep Learning

Related Questions on Accounting

Accounting provides information on
A. Cost and income for managers B. Company's tax liability for a particular year C. Financial conditions of an institutions D. All of the above
The long term assets that have no physical existence but are rights that have value is known as
A. Current assets B. Fixed assets C. Intangible assets D. Investments
The assets that can be converted into cash within a short period (i.e. 1 year or less) are known as
A. Current assets B. Fixed assets C. Intangible assets D. Investments
Patents, Copyrights and Trademarks are
A. Current assets B. Fixed assets C. Intangible assets D. Investments
More Related Questions on Accounting