MCQOPTIONS
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| 1. |
Opening balance of Receipts and Payments accounts in the credit side shows |
| A. | Bank balance at the beginning of the year |
| B. | Bank overdraft at the beginning of the year |
| C. | Capital at the beginning of the year |
| D. | Cash in hand at the beginning of the year |
| Answer» C. Capital at the beginning of the year | |