Accountancy, asked by nisharajeevan66, 9 months ago

Debit balance of cash book indicates what

Answers

Answered by gurj57364953
30

Answer:

Hy dude ur answer is

Explanation:

The debit balance as per the cash book means the balance of deposits held at the bank. ... It indicates the favourable balance as per cash book or favourable balance as per the passbook. On the other hand, the credit balance as per the cash book indicates bank overdraft.

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