Multiple choice

A cheque of Rs. 2,400 is issued to Ramesh & Brothers and it is presented for payment by them. It would be

  1. posted in credit side of cash book only

  2. debited in pass book only

  3. posted in credit side of cash book and debited in pass book

  4. None of these
Reveal answer Fill a bubble to check yourself
C Correct answer
Explanation

It would appear both in credit side of cash book and debited in pass book. As the cheque has been issued it would be posted in credit side of cash book by the customer. The cheque has been presented for payment so it would be debited in pass book.

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