Question : Payment for services like shipping , banking, etc., is written on ________ side of ______ account.
Option 1: Credit, current
Option 2: Credit, capital
Option 3: Debit, current
Option 4: Debit, capital
Answer (1)
25th Jan, 2024
Correct Answer:
Debit, current
Solution :
Payment for services like shipping, banking, etc., is recorded on the debit side of current account.
Hence, Option C is correct.
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