Left hand side of the pay in slip is known as ___________.

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Folio number

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Counterfoil

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All of the above

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Solution

The correct option is B Counterfoil
Left hand side of the pay in slip is known as the counterfoil. A pay in slip provided by the bank to the account holder is divided into 2 parts. One is the counterfoil being the smaller part of the slip which acts as a documentary evidence of the money deposited in the bank

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