Booklet or a Statement which is used to record the banking transaction is known as __________.

Pass book

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Cash book

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Bank statement

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Petty cash book

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Solution

The correct options are
A Pass book
C Bank statement
The booklet or a statement used to record the banking transactions is known as pass book or bank statement. It is prepared by the bank. It shows all the transactions of a customer with the bank in the bank's books.

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Similar questions

Q. A Bank Pass Book is a small booklet in which the details of all ledger entries in respect of banking transactions appearing in the books of bank are entered for the knowledge of account holder.

Give on Word/Term or phrase which can substitute each of the following statements.

1) Statement showing the causes of disagreement between the balance of Cash Book and Pass Book
2) The account on which overdraft facility is allowed by Bank.
3) Excess of total of debit side over total of credit side of Cash Book Bank column.
4) An unfavorable balance shown by the Pass Book
5) A copy of customer’s account issued by the Bank
6) Booklet or a Statement which is used to record the banking transactions.
7) Credit balance of Bank Column of the Cash Book
8) Refusal by Bank to make the payment of cheque

Q. Give one word or term or phrase which can substitute each of the following statement.
Booklet or a statement which is used to record the banking transactions.

Q. The _________ is a document that a seller passes to a buyer at the time of a specific purchase of goods or services. It is the equivalent of an invoice and is only used to record transactions that are paid for using cash, rather than bank transactions.

Q. State whether True or False:
All transactions related to bank are recorded in the bank column of the cash book and these transactions are also recorded in the pass book by the bank.

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Booklet or a Statement which is used to record the banking transaction is known as __________.

The correct options are A Pass book C Bank statementThe booklet or a statement used to record the banking transactions is known as pass book or bank statement. It is prepared by the bank. It shows all the transactions of a customer with the bank in the bank's books.

The correct options are
A Pass book
C Bank statement
The booklet or a statement used to record the banking transactions is known as pass book or bank statement. It is prepared by the bank. It shows all the transactions of a customer with the bank in the bank's books.