Accountancy, asked by ezazalam607, 8 months ago

Entry of Bank Charges as per Pass book in Cash Book​

Answers

Answered by akshattripathi44
3

Explanation:

 \:  \:  This \:  expense \:  is  \: entered  \: in \:  the  \: pass  \: book  \: on  \: the \:  debit \:  side \:  and \:  should \:  be  \: credited \:  in \:  the  \: cash  \: book. \: So \:  if  \: the \:  bank \:  charges \:  are \:  not  \: entered  \: in \:  the  \: cash  \: book, \:  it  \: should \:  be \:  credited  \: to \:  the \:  cash  \: book  \: to \:  reconcile  \: the  \: balances \: of \:  bank \:  as \:  per  \: the  \: cash \:  book \:  and \:  the \:  pass  \: book. \:  \:  \:  \\  \\ hey \: mate \: there \: is \: your \: answer \: side \: by \: sde \:  \\  \\ hope \: it \: helps \: plz \: mark \: as \: brainlit \: answer

This expense is entered in the pass book on the debit side and should be credited in the cash book.So if the bank charges are not entered in the cash book, it should be credited to the cash book to reconcile the balances of bank as per the cash book and the pass book.

If you dosent understand here is also the answer

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