GCE Book Keeping 2015 Objective — Question 31
Question 31 of 40 from the General Certificate of Education (GCE) Book Keeping 2015 Objective paper, with the correct answer and a full explanation.
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A contra entry in the double column cash book is indicated in the
- A. folio column
- B. particulars column
- C. bank columnCorrect
- D. cash column
Explanation
A contra entry (representing a transfer between cash and bank) is typically indicated by the letter 'C' in the bank/cash column of a double column cash book.
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