C-08-Q111mediumsingle_mcq
Why are 'cash deposit into bank' and 'withdraw from bank for business' NOT recorded in cash receipts/payments journal?
Why are 'cash deposit into bank' and 'withdraw from bank for business' NOT recorded in cash receipts/payments journal?
- aThey are non-cash items
- bThey keep cash liquidity unchanged
- cThey affect capital
- dThey are illegal