Debit side of Bank Pass book corresponds to___________?

Related Mcqs:

Cash purchases is recorded in which of the following specialized journals?

A. Purchase journal B. Sales journal C. Purchases return journal D. Cash payments journal...

Goods returned by customer should be debited to which of the following accounts?

A. Sales income account B. Sales account C. Return inward account D. Expenses account...

The closing balance of a petty cash book is a / an___________?

A. Liability B. Gain C. Assets D. Loss...

Depreciation appearing in the Trial Balance should be?

A. Debited to P&L A/c B. Shown as liability in Balance Sheet C. Reduced from related asset in Balance Sheet D. Both A. and C. above...

When bill discounted with the bank is dishonored?

A. Acceptor‘s Account is debited in the books of drawer B. Bills Receivable Account is credited in the books of drawer C. Bank Account is debited in the books of drawer D. Bills Payable Account is debited in the books of drawer...