different Ditween bank balance and cash balanch
Answers
Answer:
okay bro
Explanation:
(i) Cheques Issued but not yet Presented for Payment:. When the cheque is issued, the cashier/accountant of the business...
(ii) Cheques Paid into the Bank but not yet Collected by the Bank:. The business enterprise immediately debits the bank...
(iii) Interest and Dividends Received by the Bank:. Sometimes, the interest on debentures or dividends on shares is...
(vi) Credit Given by the Bank on Account of Interest:. The bank allows interest on the deposits made...
☃Answer:
1.Cash book balance states the cash balance recorded by the company in company’s cash book.
1.Bank statement balance is the cash balance recorded by the bank in bank records.
2.Cash book balance includes transactions that are not included in the bank balance.
2.Bank statement balance includes transactions that are not included in the cash balance.
Hope it will help uhh!! ❤