explain any four cause deference between cash book and bank passbook balance.
Answers
Answered by
4
bank charges commission in lieu of the services provided to the customer. Such charges and commission are debited in the passbook but no entry is recorded in the cash book unless the firm obtains the passbook from the bank and record these entries. This will cause the difference between the two balances.
please mark me brain mark list
Answered by
2
Answer:
bank charges commission in lieu of the services provided to the customer. Such charges and commission are debited in the passbook but no entry is recorded in the cash book unless the firm obtains the passbook from the bank and record these entries. This will cause the difference
between the two balances.
please mark me brain mark list
Similar questions