Concept:These are banking documents that give immediate, on-the-spot records of a firm’s transactions with its bank.
Explanation:A cheque stub is the part of the cheque book retained by the firm after writing a cheque.
It instantly shows the date, amount, and payee of the payment made.
A deposit slip is completed whenever money or cheques are paid into the bank.
It gives immediate evidence of the deposit amount and date.
Together, they provide instant information on the firm’s banking transactions at the time of the transaction.
A bank statement is only issued periodically, not instantly.
A debit note relates to purchases or returns, not direct bank updates.
A cashbook is the firm’s own record and is not received from the bank.
Therefore, the best answer is the pair that records each bank transaction immediately.
Answer:C. cheque stub and deposit slip