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What Entries come under Bank OCC A/c. & Bank OD A/c. ?

Answer Posted / virender

BOTH ARE USED FOR THE BANK LIMITS

AS THE NAME OCC YOU CAN WITHDRWA AMT.

INTT. WILL BE TAKEN ON WITHDRAWAL

OCC, OD A/C BOTH WILL ALWAYS CR.

O FOR OPEN
C FOR CREDIT
C FOR CREDIT

O FOR OVER
D FOR DRAFT

Is This Answer Correct ?    19 Yes 48 No



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