Direct deposit by a customer will be recorded on ___________ side of the pass book.

debit

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credit

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left hand

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both side

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Solution

The correct option is B credit
The journal entry in case of direct deposit by a customer in the books of account holder is as follows :
Bank A/c. ...................Dr.
To Sundry debtor A/c
In the cash book the above entry would be recorded on the debit side and as we know that pass book is an exact opposite record of the cash book so, direct deposit by the customer would be recorded on the credit side of the pass book.

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Similar questions

Q. Direct deposit made by customer into your bank is recorded on the ______ side of the cash book.

Mr. A receives Rs.1000 in cash from a customer. He is of the view that cash shall be recorded in right side of the cash account. Is he correct?

Q. Cash Book shows a balance of ₹ 12,500. On comparing the Cash Book with the Pass Book, following discrepancies were noted:

		₹
(i)	Cheques issued but not yet presented for payment.	6,000
(ii)	Cheques deposited in the bank but not collected.	9,000
(iii)	Bank paid insurance premium.	5,000
(iv)	Bank charges.	300
(v)	Directly deposited by a customer.	8,000
(vi)	Interest on investment collected by bank.	2,000
(vii)	Cash discount allowed of ₹ 200 was recorded on the debit side of the Bank column.

Prepare Bank Reconciliation Statement.

In Bank Reconciliation Statement, when balance as per cash book is taken as the starting point, direct deposit by a customer into his bank 18,000 will be :

Q. Select the most appropriate alternatives from those given below :

Direct deposit made by customer into our bank is recorded on the _______ side of the cash book.
a) payment
b) credit
c) receipt
d) both

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