Challenger App

No.1 PSC Learning App

1M+ Downloads
The debit balance in the bank column of cash book indicates:

AThe amount withdrawn from bank

BTotal amount deposited in bank

CCash at bank

DBank overdraft

Answer:

C. Cash at bank

Read Explanation:

.


Related Questions:

Direct deposits in the bank by a customer would increase the balance shown by the Pass Book.
If del-credere commission is not allowed then in case of bad debts which account should be Credited in the books of consignor
Consignment A/c is prepared in the books of:
When goods purchased are returned to the supplier, it is referred to as:
Who founded the Folk High School concept in Denmark?