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Select the most appropriate answer from the alternatives given below and rewrite the sentence: Direct deposit made by customer into our bank is recorded in the ..... side of the Cash Book. - Book Keeping and Accountancy

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MCQ

Select the most appropriate answer from the alternatives given below and rewrite the sentence:

Direct deposit made by customer into our bank is recorded in the ______ side of the Cash Book.

Options

  • payments

  • credit

  • receipts

  • both

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Solution

Direct deposit made by customer into our bank is recorded in the receipts side of the Cash Book.

Concept: Cash Book with Cash and Bank Columns
  Is there an error in this question or solution?
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APPEARS IN

Balbharati Book-keeping and Accountancy 11th Standard HSC Maharashtra State Board
Chapter 5 Subsidiary Books
Exercises | Q 3. 8) | Page 169
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