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 Cash withdrawn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 banks became the first bank in the country and among few globally to deploy ‘Sof...
  • Which of the following can be said to be essentially the parts of 'Inclusive Governance’? 1. Permitting the...
  • Which of the following was changed in the Third Bi-monthly Monetary Policy Statement 2016-17 released by th...
  • In August 2016, former RBI Deputy Governor Anand Sinha was appointed to the Board of which of the following...
  • Who among the following was appointed as the first President of the New Development Bank (NDB) of BRICS nat...
  • What is the name of the contactless debit and credit cards launched by State Bank of India in May 2015?
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