Question
A cash book consists of two sections. The cash receipts and payments. Which of the following is found in cash receipts of the cash book?(1)
A.
Sales
B.
Bank charges
C.
Purchases
D.
Wages
A.
Sales
B.
Bank charges
C.
Purchases
D.
Wages
Answers
Answered by
GPT-4o mini
The correct answer is:
**A. Sales**
Sales represent cash received by the business, which would be recorded in the cash receipts section of the cash book. Bank charges, purchases, and wages are normally found in the cash payments section.
**A. Sales**
Sales represent cash received by the business, which would be recorded in the cash receipts section of the cash book. Bank charges, purchases, and wages are normally found in the cash payments section.
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