#6,300
#4,300
#3,700
#2,700
Correct answer is A
No explanation has been provided for this answer.
In a modern day banking system, cash transfer cannot be made where the transferer
Has no sufficient cash with the bank
Has no account with the bank
Does not reside in the bank's country
Does not possess the domestic currency
Correct answer is A
You can't transfer money when you do not not have sufficient amount of money on the account.
Cash can be drawn from the bank using
A bank teller
A credit card
A recharge card
ATM card
Correct answer is D
ATM is a machine that dispenses cash or performs other banking services when an account holder inserts a bank card. For one to withdraw money from the machine, you are required to own an ATM card
In a three-column cash book, dishonored cheques will be shown on the
Bank column (debit)
Bank column(credit)
Cash column(debit)
Cash column(credit)
Correct answer is B
Dishonoured cheques will be recorded on the credit side, write "By Debtor A/C" with respective amount in the bank column.
Purchases #12,000 and credit Ibrahim #12,000
Purchases #12,000 and credit sugar account #12,000
Jide #12,000 and credit purchases
Ibrahim #12,000 and sugar account #12,000
Correct answer is A
Debit purchase account with 12,000 and credit cash paid to ibrahim 12,000