Accounting for IGCSE & O level - The Fundamentals Of Accounting (Section 19 - No. 40)
Which of these events would increase the balance of the company's bank account?
Depositing cash takings
Paying for utilities via direct debit
Transferring funds from a current account.
Issuing a cheque for payment
Explanation
Depositing cash and receiving a transfer into the current account would increase the balance.
Comments (0)
