What do you understand by the following? (a) Debit balance as per cas

1.	What do you understand by the following? (a) Debit balance as per cash book. (b) Credit balance as per cash book.
Answer» (a) Debit balance as per cash book: Balance of cash as per pass book called debit balance, (b) Credit balance as per cash book: Overdrawn cash balance o,f bank balance as per pass book called credit balance.

What do you understand by the following? (a) Debit balance as per cash book. (b) Credit balance as per cash book.

Answer»

(a) Debit balance as per cash book: Balance of cash as per pass book called debit balance,

(b) Credit balance as per cash book: Overdrawn cash balance o,f bank balance as per pass book called credit balance.