Accountancy, asked by ainjoeg, 7 months ago

debit balance in cash book is equivalent to ​

Answers

Answered by Zayn009
1

The debit balance as per the cash book means the balance of deposits held at the bank. Such a balance will be a credit balance as per the passbook. Such a balance exists when the deposits made by the firm are more than its withdrawals.

mark ❤️

Previous Question
Next Question
Similar questions
Chemistry, 3 months ago
Long Answer Type Questions 1.State reason for the following statements: a. Tap water conducts electricity whereas distilled water does not b. Dry hydrogen chloride gas does not turn blue litmus red whereas dilute hydrochloric acid does C. During summer season, a milk man usually adds a very small amount of baking soda to fresh milk d. For a dilution of acid, acid is added into water and not water...
Chemistry, 3 months ago
Inter-particle attraction between atoms of solid is very strong. state five properties of solids which correlate as a consequence of the strong inter-particle attraction between particles of solid . ​
Math, 3 months ago
solve the following equation by, graphical method, x-y=1 ; 2x+y =8​...
Computer Science, 7 months ago
Poona has made a chart and poster on earth day to be display in class there a​...
Social Sciences, 7 months ago
Impact of gender and politics in India.​
Math, 1 year ago
pls solve this question​...
Social Sciences, 1 year ago
Who wrote Haravilasa​...
Social Sciences, 1 year ago
What are the situation that the consumers are being exploited?Give extra points from your own experience or understanding...