Accounting for IGCSE & O level - The Fundamentals Of Accounting (Section 41 - No. 39)
Which of the following actions typically increases the balance shown in the bank column of the cash book?
Payment to a supplier via cheque.
Direct debit payments.
A bank loan deposited into the company account.
Cash purchases made.
Explanation
Bank loan increases the bank balance and is recorded on debit side.
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