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MCQ Answer
If the credit side of Receipts and Payments A/c exceeds the debit side, the balance represents:
If the credit side of Receipts and Payments A/c exceeds the debit side, the balance represents:
Topic : ACCOUNTING MASTERS IN TALLY ERP9
A.
Bank charges
B.
Commission
C.
Bank overdraft
D.
Interest
Correct Answer is :
C. Bank overdraft
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