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Question
When the balance as per Cash Book is the starting point, direct deposit by customer is_______________.
When the balance as per Cash Book is the starting point, direct deposit by customer is_______________.
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Solution
The correct option is A Added
A direct deposit is a deposit which is directly made into the bank account without recording it in the cash book. So the balance as per pass book increases as compared to the balance as per cash book. Thus, when balance as per cash book is the starting point, a direct deposit is added to arrive at the balance as per pass book.
A direct deposit is a deposit which is directly made into the bank account without recording it in the cash book. So the balance as per pass book increases as compared to the balance as per cash book. Thus, when balance as per cash book is the starting point, a direct deposit is added to arrive at the balance as per pass book.
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