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Question
1 What is cash book? Explain the different types of cash book2 Prepare a trial balance from the following
Particulars
Amount
Rs.
Purchases
8,225
Premium on lease
1,200
Wages
1,025
Loan on mortgage
2,500
Sales
12,450
Plant and machinery
2,000
Arun's capital
13,500
Provision for doubtful debts
300
Stock on 1-1-98
1,500
Sundry debtors
16,550
Salary
410
Trade charges
200
Rent and taxes
162
Bad debts
Sundry creditors
2,572
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Below is a table with total data for a firm in a perfectly competitive industry. Quantity Total Cost 0 100 10
What is Internal control - Control of cash Internal control refers to procedures and methods a business uses to protect its assets. Checks are written for all transactio
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