Accountancy, asked by shrutibaliga288, 8 months ago

cash at bank (as per pass book) debit or credit​

Answers

Answered by abdan787821
1

Answer:

When the customer deposits any amount into the bank, his bank balance increases, i.e., Cash Book (bank column) shows a debit balance. At the same time, when the bank receives the deposit, the customer's Account is credited, thus the Pass Book shows a credit balance.

Answered by archnamishra7548
0

it has dabit balance because it is the asset for the business

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