Question : Receipts from services like insurance , banking, etc., is written on ________ side of __ account.

Option 1: Credit, current

Option 2: Credit, capital

Option 3: Debit, current

Option 4: Debit, capital

Question

Question : Receipts from services like insurance , banking, etc., is written on ________ side of __ account.

Option 1: Credit, current

Option 2: Credit, capital

Option 3: Debit, current

Option 4: Debit, capital

Team Careers360 · Accepted Answer

Correct Answer: Credit, current

Solution : Receipts from services like insurance , banking, etc., is shown on the credit side of current account.
Hence, Option A is correct.

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Question : Receipts from services like insurance , banking, etc., is written on ________ side of __ account. Option 1: Credit, current Option 2: Credit, capital Option 3: Debit, current Option 4: Debit, capital

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Question : Receipts from services like insurance , banking, etc., is written on ______ side of account.

Option 1: Credit, current

Option 2: Credit, capital

Option 3: Debit, current

Option 4: Debit, capital

Question : Which of the following importance of infrastructure is highlighted here?
Along with the agriculture development, insurance and banking facilities are also needed for the smooth working.