New SIDBI Grade A New Batch Starts on Nov 18

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    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

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