ART INTEGRATION

2. Cash Book cannot have a ___ balance.
4. Petty Cash Book is considered as a ____ book.
6. Cash withdrawn will be recorded on the ______ side of the Cash Book
7. Goods sold in cash will be recorded on the ______ side of the Cash Book.
8. It is an institution like other business units, aims to earn profits and for this, they offer a variety of services to their customers. These services may include granting loans,making investments, etc.
9. The system of paying advance at the beginning and reimbursing the amount spent from time to time is called the ____ system.
12. The two types of Petty Cash Book are: Simple Petty Cash Book and ____ Petty Cash Book.

1. According to the _____ Approach, the rule followed for Cash Book is “Debit what comes in and Credit what goes out.”
3. The amount of money received by the petty cashier to replace the amount which he spent is known as?
5. On 1st Jan 2002, A cheque of Rs.1000 was given to a petty cashier... He paid this amount for postage stamps, convenient charges, refreshments for one month but the petty cashier being lazy he mentioned under only one sub head. Can you name it?
6. Cash discount is allowed on ___ repayment of debt
10. Contra entries are not_____
11. Ramachandran is a proprietor of his business since 2000. He received a cheque from Rajan on 12th December dated 25th December. Now Ramachandran had a confusion of how the cheque to be considered as?
13. Bank Overdraft is a _____ to the firm.
14. The balance of petty cash book is known as?