Which of the following transactions will result in disagreement between the cash book and the bank statements?

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Net turnover is referred to as

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The accounting treatment for a dishonored cheque is; debit

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Which of the following subsidiary books involves cash movements?

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An example of a credit entry in a profit and loss account is

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In the operation of an imprest of petty cash, the

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A book that contains individual accounts of suppliers is the

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The source document used to make entries in the purchase day book is

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A trading account is prepared to disclose the

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A statement showing a trader’s financial position as at a particular date is an

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Excess of current assets over current liabilities is

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Stock account is a type of

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