MyQuestionIcon

1

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

Income and Expenditure Account

The pay in sl...

Question

The pay in slip provided by the bank to the account holder is divided into _____ parts.

A

2

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

B

3

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

C

4

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

D

5

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

Open in App

Solution

The correct option is A 2
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. Whereas the other part being the longer one is kept with the bank having all the details of the customer and is kept for record with the banks.

Suggest Corrections

thumbs-up

0

Similar questions

Q. A pay in slip is a ___________form provided by the bank to facilitate the account holders to deposit money or cheques in the account.

Q. A document or slip which is issued by the bank to account holder for depositing cash or cheque into the bank is ___________.

Q. A written order issued by the account holder to the bank to pay certain amount from his account __________.

Q. A pay in slip can be used to deposit only cash in bank account.

Q. The pay in slips provided by the bank do not have specific denominations mentioned for particulars of cash to be deposited.

View More

Join BYJU'S Learning Program

similar_icon

Related Videos

lock

Financial Statements of NPO

ACCOUNTANCY

Watch in App

explore_more_icon

Explore more

Income and Expenditure Account

Standard XII Accountancy

Join BYJU'S Learning Program

CrossIcon