Effective cash management control is very important for business day to day transaction, because in the normal days company purchase the raw material, salary payment, factory rent payment like other normal transaction. Company need cash on the daily basic. To choose: What is not included in Effective cash management and control.

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Answer 1

Question

Definition Definition Financial journal in which only cash-related transactions are recorded. Cash transactions are posted chronologically in the cash book, which is also called a subsidiary book. All the cash receipts are recorded on the debit side and all the cash payments are recorded on the credit side. An important point to remember is that the cash book never shows a credit balance; only a debit balance is shown in the cash book.

Chapter 4, Problem 13MCQ

To determine

Introduction:Effective cash management control is very important for business day to day transaction, because in the normal days company purchase the raw material, salary payment, factory rent payment like other normal transaction. Company need cash on the daily basic.

To choose:What is not included in Effective cash management and control.

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Answer 2

Question

Definition Definition Financial journal in which only cash-related transactions are recorded. Cash transactions are posted chronologically in the cash book, which is also called a subsidiary book. All the cash receipts are recorded on the debit side and all the cash payments are recorded on the credit side. An important point to remember is that the cash book never shows a credit balance; only a debit balance is shown in the cash book.

Chapter 4, Problem 13MCQ

To determine

Introduction:Effective cash management control is very important for business day to day transaction, because in the normal days company purchase the raw material, salary payment, factory rent payment like other normal transaction. Company need cash on the daily basic.

To choose:What is not included in Effective cash management and control.

Expert Solution & Answer

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See solution

Check out sample textbook solution

Answer 3

Question

Definition Definition Financial journal in which only cash-related transactions are recorded. Cash transactions are posted chronologically in the cash book, which is also called a subsidiary book. All the cash receipts are recorded on the debit side and all the cash payments are recorded on the credit side. An important point to remember is that the cash book never shows a credit balance; only a debit balance is shown in the cash book.

Chapter 4, Problem 13MCQ

To determine

Introduction:Effective cash management control is very important for business day to day transaction, because in the normal days company purchase the raw material, salary payment, factory rent payment like other normal transaction. Company need cash on the daily basic.

To choose:What is not included in Effective cash management and control.

Expert Solution & Answer

Trending nowThis is a popular solution!

See solution

Check out sample textbook solution

Answer 4

Question

Definition Definition Financial journal in which only cash-related transactions are recorded. Cash transactions are posted chronologically in the cash book, which is also called a subsidiary book. All the cash receipts are recorded on the debit side and all the cash payments are recorded on the credit side. An important point to remember is that the cash book never shows a credit balance; only a debit balance is shown in the cash book.

Chapter 4, Problem 13MCQ

To determine