What is the effect of transaction when cash is ... - JAMB Accounting 2017 Question
What is the effect of transaction when cash is paid into the bank
A
Bank balance decrease and cash balance increase
B
bank balance decrease and cash balance decrease
C
cash balance increase and bank balance increase
D
cash balance decrease and bank balance increase
correct option: d
Cash balance decrease and bank balance increase: The cash as leaving the cash till and will be deposited into the bank
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