New FLASH SALE Dhamaka - Flat 60% Off on All Courses

    Question

    Which one of the following statements is true

    A Normally if Cash Book shows a debit balance, Pass Book also shows a debit balance Correct Answer Incorrect Answer
    B A credit entry in Pass Books means a credit entry in Cash Book Correct Answer Incorrect Answer
    C For a dishonoured cheque, bank account is debited Correct Answer Incorrect Answer
    D When a customer directly pays into bank, bank account is debited Correct Answer Incorrect Answer
    E None of these Correct Answer Incorrect Answer

    Solution

    The correct answer is D

    Practice Next

    Relevant for Exams: