Select the most appropriate answers from the alternatives given below and rewrite the sentence:
i. Additional cash introduced in business is recorded in _______
(a) Purchase Book
(b) Cash Book
(c) Journal Proper
(d) Returns Inwards Book
ii. Entry for bad debts is recorded in the ________
(a) Sales Book
(b) Purchase Book
(c) Cash Book
(d) Journal Proper
iii. Direct deposit made by the customer into our bank is recorded in the _______side of the Cash Book.
(a) payments
(b) credit
(c) receipts
(d) both
iv. The person who draws the cheque and signs on it is the _______
(a) drawer
(b) drawee
(c) payee
(d) all of the above
v. A fixed amount is deposited for a fixed period in ________ deposit account.
(a) Current
(b) Savings
(c) Fixed
(d) Recurring