explain any five causes of differences in the cash book balance (bank column) passbook balance
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Explanation:
- Cheques issued but not yet presented for payment in the bank. ...
- Cheque paid into the bank for collection but not yet credited/collected by the bank. ...
- Cheques paid into the bank for collection but dishonoured by the bank. ...
- Interest allowed by the bank. ...
- Interest and dividend collected by the bank. ...
- Direct payment through bank.
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