The withdrawal of amount from bank account is known as.

Debit

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Saving

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Credit

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None of these

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Solution

The correct option is A Debit
If we withdraw some amount from bank account the expense is known as debit.
Hence, the option A is correct.

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The withdrawal of amount from bank account is known as.

The correct option is A DebitIf we withdraw some amount from bank account the expense is known as debit.Hence, the option A is correct.

The correct option is A Debit
If we withdraw some amount from bank account the expense is known as debit.
Hence, the option A is correct.