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Subject - Accounting:

General Concepts

MCQ - 59-61

Question:

When a petty cash book is kept there will be:

  1. No entries made at all in the general ledger for items paid by petty cash
  2. The same number of entries in the general ledger
  3. Fewer entries made in the general ledger
  4. The same number of entries in the general ledger

Correct Answer: C

Explanation:

Not available

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

Read the MCQ statement: When a petty cash book is kept there will be:, 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. 59-61.

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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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