19. The Maha Trading Company receives a
check amounting to rs.25,000 from Mr.
John on March 20 and deposits the same
into bank on March 22. How would these
transactions affect the company's cash
book? Choose the correct answer
1. On march 20, rs25,000 would be
recorded only in the bank column on the
debit side of the cash book. No entry
would be made on March 22.
Ii. On March 20, rs. 25,000 would be
recorded only in the cash column on the
debit side of the cash book. No entry
would be made on March 22.
ili On March 20, rs. 25,000 would be
recorded only in the cash column on the
debit side of the cash book. On march 22,
a contra entry of rs. 25,000 would be made.
*
(3 Points)
i
ii
iii
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sorry I don't know the answer
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