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Answer in one sentence: What is pay-in-slip? - Book Keeping and Accountancy

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One Line Answer

Answer in one sentence:

What is pay-in-slip?

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Solution

When the account holder deposits cheque or cash into his bank account, a slip is filled by him, which is known as Pay-In-Slip also called Deposit Slip.

Concept: Types of Bank Documents
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APPEARS IN

Balbharati Book-keeping and Accountancy 11th Standard HSC Maharashtra State Board
Chapter 6 Bank Reconciliation Statement
Exercises | Q 1. 2. | Page 204
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