The company pays its creditors by cheque. What is the effect - Exam Yatra

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NICL Administrative Officer (AO) Finance Exam 2013
General Awareness
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Finance
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Reasoning
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English
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Numerical
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SKINS
ADS

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Lime
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Orange
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Brown
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Black
White

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The company pays its creditors by cheque. What is the effect on assets and liabilities?
Effects upon Effects
Assets upon
Liabilities

[NICL Administrative Officer (AO) Finance Exam 2013]

A Reduce Bank Reduce Creditors

B Increase Bank Increase Creditors

C Reduce Bank Increase Creditors

D None of these

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