Complete the following statements:(i) Check deposited into Bank but n

1.	Complete the following statements:(i) Check deposited into Bank but not cleared is called _________ cheque.(ii) Expenses paid by the Bank as per standing instructions will be recorded at ___________ side of the passbook.(iii) Dividend collected by the bank will be recorded at _________ side of cash book.(iv) ___________ type of bank account is open by trader.
Answer» (i) Dishonoured (ii) Debit (iii) Debit (iv) Current

Complete the following statements:(i) Check deposited into Bank but not cleared is called ___ cheque.(ii) Expenses paid by the Bank as per standing instructions will be recorded at _ side of the passbook.(iii) Dividend collected by the bank will be recorded at _ side of cash book.(iv) _______ type of bank account is open by trader.

Answer»

(i) Dishonoured

(ii) Debit

(iii) Debit

(iv) Current