+1 vote
in Class 11 by kratos

What do you understand by the following?

(a) Debit balance as per cash book.

(b) Credit balance as per cash book.

1 Answer

+5 votes
by kratos
 
Best 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.

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