1.

State any one reasons for the difference between cash book balance and pass book balance.

Answer»

The differences between cash and pass book casuse are : 

• Cheque deposited into bank but not realised. 

• Cheque issued to parties but not presented. 

• Any expenses directly debited by bank book and not in the cash book. 

• Any income directly received by bank and not recorded by business.



Discussion

No Comment Found