The bank charges levied on a current account holder is th...
The bank charges levied on a current account holder is the charge on?
Transaction
Turnover
Transfer
Cash received
Correct answer is B
Charge on turnover (COT) also known as Commission on turnover are charges a customer incurs for debit transactions (transaction involving withdrawals and/or operating cost to the bank) from his current account.
The item on the credit side of the trading account is the? ...
\(\begin{array}{c|c} \text{Net profit} & 60,000 \\ \hline \text{Total assets} & 520,000 \\ \...
Income received in advance is shown in the balance sheet as ...
Repairs to air conditioners was debited to office equipment account. This is an error of ...
Provision for bad and double debts in companies final accounts is treated in? ...
Customers use the financial position of a company to ...
Reducing balance method charges depreciating as fixed percentage of the ...