Ask a Question

If the credit side of Receipts and Payments A/c exceeds the debit side, the balance represents:

0 votes
265 views
in Accountancy by (98.9k points)
edited
If the credit side of Receipts and Payments A/c exceeds the debit side, the balance represents:

(a) Bank charges
(b) Commission
(c) Bank overdraft
(d) Interest

1 Answer

0 votes
by (98.9k points)
edited
(c) Bank overdraft

Related questions

0 votes
1 answer 73 views
If 10% Interest on Investment appearing in the Receipts side is
asked Jul 21, 2022 in Accountancy by Doubtly (98.9k points)

Doubtly is an online community for engineering students, offering:

  • Free viva questions PDFs
  • Previous year question papers (PYQs)
  • Academic doubt solutions
  • Expert-guided solutions

Get the pro version for free by logging in!

Most popular tags

jeemain geography-10th engineering physics semester 5 web computing

5.7k questions

5.1k answers

108 comments

558 users

Doubtly
...