A

Admin • 802.91K Points
Coach

Q. Bank charges are recorded on the:

  • (A) Debit side of bank column in cash book
  • (B) Credit side of bank column in cash book
  • (C) Debit side of cash column in cash book
  • (D) Credit side of cash column in cash book
  • Correct Answer - Option(B)
  • Views: 1
  • Filed under category Accounting
  • Hashtags:

Explanation by: Admin
Bank charges reduce bank balance, so they are recorded on the credit side of bank column.

You must be Logged in to update hint/solution

Discusssion

Login to discuss.

Be the first to start discuss.