Installment made through challan will be credited to which registers/records?

48. Installment made through challan will be credited to which registers/records?

  1. Tax Liability Ledger
  2. Credit Ledger
  3. Cash Ledger
  4. 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.

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