Accountancy, asked by Pritipandiri5707, 1 year ago

Debit balance of cash book and credit balance of cash book difference

Answers

Answered by shruti202068
4

Explanation:

The differences between the cash book and the bank passbook is caused by: timing differences on recording of the transactions. errors made by the business or by the bank. When cheques are issued by the firm to suppliers or creditors of the firm, these are immediately entered on the credit side of the cash book.

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