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Installment made through challan will be credited to which registers/records?
48. Installment made through challan will be credited to which registers/records?
- Tax Liability Ledger
- Credit Ledger
- Cash Ledger
- All of the above
Answer: C) Cash Ledger
Explanation:
Installment made through challan is credited to electronic money records. a cash record is primarily a business machine that for the most part has a cash cabinet, determines how much individual deals, and records how much cash is set up.