Accounting for IGCSE & O level - The Fundamentals Of Accounting (Section 8 - No. 41)
Which statement is true about a bank deposit amount?
It is the same as the bank current account
It is the same as the bank loan amount
It is a sum deposited in a bank deposit account
It is the amount spent on items
Explanation
A bank deposit amount is a sum deposited in a bank deposit account.
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