Accounts - Principles of Accounts Past Questions and Answers

An entry made in bank column of cash book to record movement of cash between the office and the bank is the?

Cash received from the subscribed shares is recorded by debting?

Given that the balance as per cash book after adjustment was N6315, nu-presented cheques N1000 and the bank statement balance N3240. What was the balance of the nu-credited cheques?

Which of the should not be added or subtracted from the bank statement balance to determine the adjust cash balance?

Given:
Balance as per cash book...................N20,000
Unpresented cheques........................N5, 200
Direct credit to the bank..................N1, 000
Direct debit from the bank.................N1, 000
Credit in the cash book....................N500
Calculate the balance as per bank statement at the end of the year?