MyQuestionIcon

1

You visited us 1 times! Enjoying our articles? Unlock Full Access!

Need for Cash Flow Statement

Salary paymen...

Question

Salary payment is shown in which side of bank account?

A

Credit

Right on! Give the BNAT exam to get a 100% scholarship for BYJUS courses

B

Debit

No worries! We‘ve got your back. Try BYJU‘S free classes today!

Open in App

Solution

Suggest Corrections

thumbs-up

0

Similar questions

The opening balance of bank is shown in which side of the bank account?

Q. Total of payments side can be greater than total of receipts side in case of bank column.

Q. Endorsed cheques are always recorded on the payment side in the bank column.

Q. Q.12. Total of payment side of Cash Book is undercast by Rs. 2,500. If credit balance of Pass Book is given as basis, how it will shown in Bank Reconciliation Statetment?

Name an item which is never shown on the 'Payments' side of

`Receipts and Payments Account', but is shown as an Expense while

preparing 'Income and Expenditure Account'.

View More

Join BYJU'S Learning Program

similar_icon

Related Videos

lock

Introduction to Cash Flow Statement

ACCOUNTANCY

Watch in App

explore_more_icon

Explore more

Need for Cash Flow Statement

Standard XII Accountancy

Join BYJU'S Learning Program

CrossIcon