Accountancy, asked by romi6169, 8 months ago

Bank charges debited by bank

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Answered by HeresTheVenom

0

Here is ur answer ❤️

Bank charges debited by the bank in the pass book reduces the balance in the pass book as compared to cash book. This is because the business has not yet recorded this transaction. This difference arises only because of the difference in recording of the transaction.❤️

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