From the Tenth Century Onward, as Royal Power Became Increasingly

question 17

Multiple Choice

From the tenth century onward, as royal power became increasingly tied to distinct territories in India, Sanskrit

• A) became the language of royalty
• B) was displaced by vernacular languages
• C) was relegated to use only in royal inscriptions
• D) continued to be used widely for poetry and literature

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Definitions:

Deposits In Transit

Funds that have been deposited by a company but not yet recorded by its bank, leading to discrepancies in bank reconciliation.

Outstanding Checks

Checks that have been written and recorded in the payer’s ledger but have not yet been cashed or cleared by the bank.

General Ledger

A comprehensive accounting record of all transactions affecting a company, consolidated into debit and credit accounts.

Bank Statement

A monthly or quarterly document provided by a bank detailing all transactions in an account, including deposits, withdrawals, fees, and interest earned.