The bank has credited an interest of Rs 100 in the account. Which account shall be credited in such case?
Interest (Income) account
Bank account
Interest (Expense) account
Drawings account
Interest (Income account) shall be credited in such a case.
The bank has credited an interest of Rs 100 in the account. Which account shall be debited in such case?
Suppose A withdraw Rs 10,000 from business for personal use from the bank. Which account shall be credited in this case?
Manish A/c is credited by Rs. 4500 while Manish A/c was to be debited by the same amount. Which of the following is correct?
Suppose A withdraw Rs 10,000 in cash from business for personal use. Which account shall be credited in this case?
Goods worth Rs 2000 were returned to Sanjay but they were omitted to be recorded. Which of the following accounts shall be credited in this case?