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Subject - Accounting:

General Concepts

MCQ - 25-27

Question:

A debit balance of £100 in a cash account shows that:

  1. There was £100 cash in hand
  2. The total of cash received was less than £100
  3. £100 was the total of cash paid out
  4. The total of cash received was less than £100

Correct Answer: A

Explanation:

Not available

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Record Performance

355 MCQ for effective preparation of the test of General Concepts of Accounting section.

Read the MCQ statement: A debit balance of £100 in a cash account shows that:, keenly and apply the method you have learn through the video lessons for General Concepts to give the answer. Record your answer and check its correct answer and video explanation for MCQ No. 25-27.

How to Answer

Solve the question for MCQ No. and decide which option (A through D/E) is the best choice to answer the MCQ, then click/tap the blue button to view the correct answer and it explanation.

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