Question

A cheque is received from a creditor and paid into the bank on the same day. How will this transaction be recorded in the cashbook?

A It will be recorded in the cash column of the cashbook
B It will be recorded both in the cash and bank column of the cashbook
C It will be recorded in the bank column of the cashbook
D None of the above
Practice Next

Hey! Ask a query

🎓
Think You're Ready for RBI Grade B?
RBI Grade B 2026 Phase 1 Memory Based Paper
  • 200 Questions with Detailed Solutions
  • Section-wise Coverage (GA, English, Quant & Reasoning)