题目内容

A cash sale of $1,000 is made by a business but the cash is put into the petty cash box and recorded as sundry income in the petty cash book. At the month end the petty cash cashier discovers the error and pays the $1,000 into the bank. What general ledger entries are required to account for the correction of the error? (Ignore sales tax)

A. DR Sundry income: $1,000, CR Petty cash: $1,000, DR Sales: $1,000, CR Cash: $1,000
B. DR Sundry income: $1,000, CR Petty cash: $1,000, DR Cash: $1,000, CR Sales: $1,000
C. DR Petty cash: $1,000, CR Sundry income: $1,000, DR Sales: $1,000, CR Cash: $1000
DR Petty cash: $1,000, CR Sundry income, DR Cash: $1,000, CR Sales: $1,000

查看答案

搜索结果不匹配？点我反馈

更多问题

Which of the following would never be an analysis column heading on the credit side of the petty cash book?

A. Sales tax
B. Sundry
C. Entertainment
D. Sales

查看答案

Which of the following is true of petty cash vouchers?

A. They must be destroyed once the petty cash has been reconciled
B. Under the imprest system the amount required to top up petty cash is equal to the value of vouchers in the petty cash box
C. They always require authorisation of a line manager
D. They are individually recorded in the cash book

查看答案

When the cashier feels that the balance in the petty cash box is low, a constant top up of $250 is always added. How is this system described?

An imprest system
B. A voucher system
C. A float system
D. A non-imprest system

查看答案

Which of the following would be included in the cash book?

A. Cheque paid to supplier
B. Credit note received
C. Goods received note
D. Invoice sent to a customer

查看答案