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Receipts and Payments Account

The pay in sl...

Question

The pay in slip of the bank requires the deposit amount to be specified in figures and words both.

A

True

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B

False

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Solution

The correct option is A True
True. The pay in slip of the bank requires the deposit amount to be specified in figures and words both. The figures and words both are to be written for the clarity of the banker and to be assured the amount.

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