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

True

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False

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Solution

The correct option is B False
False. The pay in slips provided by the bank have specific denominations mentioned for particulars of cash to be deposited. Specific denominations are given so that customer can mention the number of denominations the customer is depositing.

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Similar questions

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

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.

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$\begin{matrix} Amt. (Rs.) (i) & Debit balance as per bank column of the cash book & 3, 72, 000 (i i) & Cheques issued to creditors but not yet presented to the bank for payment & 72, 000 (i i i) & Dividend received by the bank but not entered in the cash book & 5, 000 (i v) & Interest allowed by the bank & 1, 250 (v) & Cheques deposited into bank for collection but not collected by bank upto this date & 15, 400 (v i) & Bank charges & 200 (v i i) & A cheque deposited into bank was dishonoured but no intimation was received & 320 (v i i i) & Bank paid house tax on our behalf but no information received from bank in this connection & 350 \end{matrix}$

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

The correct option is B FalseFalse. The pay in slips provided by the bank have specific denominations mentioned for particulars of cash to be deposited. Specific denominations are given so that customer can mention the number of denominations the customer is depositing.

The correct option is B False
False. The pay in slips provided by the bank have specific denominations mentioned for particulars of cash to be deposited. Specific denominations are given so that customer can mention the number of denominations the customer is depositing.