Accounting · Cash Book
Which of the following is an example of a contra entry in a double-column cash book?
Verified Solution4 OptionsUpdated: October 2026👁️1 View
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- 1Interest paid on a loan.
- 2Cash deposited into the bank.✓
- 3Goods sold on credit.
- 4Cash received from a customer.
Correct answer
Cash deposited into the bank.
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