aliensbrain
  • Home
  • Study
  • Quizzes
  • 🎤AI Practicefree
  • Notebooks
  • Community
  • Sign in
  • Theoretical Framework of Accounting (CA - CPT)
  • Entry on credit side of bank passbook implies which of th...
Multiple choice

Entry on credit side of bank passbook implies which of the following?

  1. Cash withdrawn

  2. Cash/cheque deposited

  3. Business expenses

  4. Personal expense

  5. None of the above

Reveal answer Fill a bubble to check yourself
B Correct answer
Explanation

Cash or cheque deposit entry will be shown in credit side as per the rule credit what comes in.

Keep practicing — related questions

  • Which of the following is not a contra entry?
  • When establishment expenses are paid from bank, then _________ side of the cash column of cash book is affe...
  • Which one of the following Indian banks is not a nationalised bank?
  • The Reserve Bank of India (RBI) keeps on modifying various rates / ratios to keep the flow of liquidity in ...
  • According to RBI, which among the following is the largest foreign bank in India?
  • The passage suggests which of the following about the Russian soft drink market? Directions: This question ...
  • The passage does NOT state which of the following about smoking warnings. Directions: This question is base...
  • The primary focus of the passage is on which of the following? Directions: This question is based on the fo...
Play the full quiz 🎤 Practise this topic out loud

Practice this topic

  • Banking and Cash Transactions (990 questions)
Advertisement
© Aliensbrain | all rights reserved
  • About
  • Contact
  • Terms and Condition
  • Privacy Policy