Start learning 50% faster. Sign in now
When a cheque is received from a creditor and deposited into the bank on the same day, the transaction will be recorded in the bank column of the cashbook. This is because the amount of the cheque will increase the bank balance of the business. The cash column of the cashbook is used to record cash transactions, whereas the bank column is specifically used to record transactions related to the bank account, including deposits and withdrawals.
Which city recorded the world’s highest AQI at 1,067, prompting a “green lockdown”?
Why did the Intergovernmental Negotiations Committee (INC) talks in Busan fail to achieve consensus on a plastic treaty?
Which state government launched the “Namma Canteen” initiative to provide affordable meals?
Which organization recently completed successful trials of the enhanced Pinaka multi-barrel rocket system?
What is India's rank in the 2023 Asia Power Index by the Lowy Institute?
Which Indian state was named a Global Destination for 2025 by the Wall Street Journal?
During the Suwa folk dance in Chhattisgarh, women mimic which bird?