menu-iconExamlexExamLexServices

Discover

Ask a Question
  1. All Topics
  2. Topic
    Business
  3. Study Set
    Introduction to Financial Accounting
  4. Exam
    Exam 5: Double-Entry Bookkeeping 2: Books of Prime Entry, Accounting Systems and Other Double-Entry Applications
  5. Question
    Cash Payments in the Cash Book
Solved

Cash Payments in the Cash Book

Question 40

Question 40

Multiple Choice

Cash payments in the cash book:
Please select all that apply.


A) Reduce liabilities
B) Split payments to trade payables into net purchases and VAT
C) Are analysed into various headings
D) Are credit entries in the bank account in the nominal ledger

Correct Answer:

verifed

Verified

Unlock this answer now
Get Access to more Verified Answers free of charge

Related Questions

Q35: When a sale is described as being

Q36: Jiafan Limited's production payroll for May shows

Q37: Fortuna Limited received an invoice for purchases

Q38: What type of error results in two

Q39: Farzana Limited makes credit sales of £225,324

Q41: The bank balance in the cash book

Q42: £50,000 cash is received on the disposal

Q43: PAYE and employee's NIC increase the cost

Q44: Which of the following are deductions from

Q45: The first step in preparing the bank

Examlex

ExamLex

About UsContact UsPerks CenterHomeschoolingTest Prep

Work With Us

Campus RepresentativeInfluencers

Links

FaqPricingChrome Extension

Download The App

Get App StoreGet Google Play

Policies

Privacy PolicyTerms of ServiceHonor CodeCommunity Guidelines

Scan To Download

qr-code

Copyright © (2025) ExamLex LLC.

Privacy PolicyTerms Of ServiceHonor CodeCommunity Guidelines