Question 4 of 29intermediate💡 UnderstandMCQ1 mark

Tick the correct answer. After the transaction between Salim and Prem,

Exercise: LET'S WORK THESE OUT | Q: 2 | (Page Page 5)
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Explanation

Option B is the correct answer. The provided context mentions that Salim wants to withdraw cash for 'making payments'. In a banking transaction where Salim makes a payment to Prem, the money is transferred from Salim's account to Prem. As a result, Salim's bank account balance decreases, while Prem's bank account balance increases.