Question

Explain The Reasons Which Cause Pass Book Of The Bank And Your Bank Book Not Tally?

Answer 1

Answer:

* Cheques deposited into the bank but not yet collected

* Cheques issued but not yet presented for payment

* Bank charges

* Amount collected by bank on standing instructions of the concern.

* Amount paid by the bank on standing instructions of the concern.

* Interest debited by the bank

* Interest credited by the bank

* Direct payment by customers into the bank account

* Dishonour of cheques

* Clerical errors