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Select the most appropriate answer from the alternatives given below and rewrite the sentence: A fixed amount is deposited for a fixed period in ..... deposit account. - Book Keeping and Accountancy

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Question

Select the most appropriate answer from the alternatives given below and rewrite the sentence:

A fixed amount is deposited for a fixed period in ______ deposit account.

Options

  • Current

  • Savings

  • Fixed

  • Recurring

MCQ

Solution

A fixed amount is deposited for a fixed period in Fixed deposit account.

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Chapter 5: Subsidiary Books - Exercises [Page 169]

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Balbharati Book Keeping and Accountancy [English] 11 Standard Maharashtra State Board
Chapter 5 Subsidiary Books
Exercises | Q 3. 10) | Page 169
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