Which of the following summarizes the cash movements during a specified per

Which of the following summarizes the cash movements during a specified period



1. Which of the following journal entry will be recorded, if the goods are sold on credit to Mr. ‘B’?
A)Mr. “B” / Accounts Receivable account (Dr) and Sales account (Cr)
B)Cash account (Dr) and sales account (Cr)
C)Sales account (Dr) and Mr. B / Accounts Receivable account (Cr)
D)Goods Sold account (Dr) and Mr. B / Accounts Receivable account (Cr)

2. Which of the following is NOT an item of a Balance Sheet?
A)Accounts Receivable
B)Accounts Payable
C)Sales Revenue
D)Marketable Securities 
3.Accounts Receivable & Inventory are the examples of: A) Liquid assets
B) Current assets C) Fixed assets D) Capital assets 
4.Which of the following shows summary of a company©s financial position at a specific date? A) Profit & Loss Account
B) Cash Flow Statement C) Balance Sheet
D) Income & Expenditure Account 
5.Which of the following summarizes the cash movements during a specified period?
A)Trading account
B)Profit & Loss account
C)Receipts & Payments account
D)Balance Sheet




Business Management Assignment Help, Business Management Homework help, Business Management Study Help, Business Management Course Help

Answer Detail

Get This Answer

Save Time & improve Grades

  • Questions Asked 685052
  • Experts 5361
  • Total Answered 659177

Start Excelling in your courses, Ask an Expert and get answers for your homework and assignments!!

Our Amazing Features

  • Plagiarism Free Work

    Our experts provide 100 % original and customized work On time Delivery

  • 24*7 Customer Support

    We provide 24*7 online customer supports via online chat or email

  • Cover All Subject

    JQA is one stop solution for all subject’s Assignment. We can provide assignment help for almost all subjects.

  • Best Industry experts

    We have 1000+ PHD and Post Graduate experts.

Refer Just 5 Friends to Earn More than $1000

  • Your Approx Earning

    USD 2350/year

Your Custom Referral Link:

Hire a tutor

Assignment hero

USA

I am an experienced tutor of 7+ years in all math, physics, and Spanish, SAT, and ACT tutoring. I love working with students and seeing them improve on and grasp concepts!

Guru

USA

Need help in Maths and science ? Look no further . contact me so i can help you . i have been a academic tutor for 10 years . Hire me for help in assignments.

Vikas

USA

After 13 years of working with students across the country, we have the experience and knowledge to provide the best possible academic support for your academics.

Rgaurav

India

I have experience teaching AP Calculus AB and BC, Algebra I, Algebra II, Trigonometry, SAT Math Preparation, and Geometry. I have tutored students ranging from 8th grade to college students.

Invite Tutor