The balance of the pretty cash book should be?

The balance of the pretty cash book should be?

A. deducted from the balance of the cash account B. shown in the balance sheet as cash-in-hand C. reconciled with the bank balance D. returned to the sales manager E. shown in the balance sheet as liability Correct Answer: Option B – shown in the balance sheet...
The balance of the pretty cash book should be?

An overdraft is usually shown as a?

A. credit balance in the cash column of the cash book B. debit balance in the cash column of the cash book C. debit balance in the loan account D. credit balance in the bank column of the cash book E. debit balance in the bank column of the cash book Correct Answer:...

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