Question

solve one question of favourable balance as per cash book​

Answer 1

Answer:

Favourable balance in the cash book means positive balance. Such balance is represented by debit balance of the cash book. The cash book is debited when cash comes in and credited when cash goes out. So, when the cash book balance increases, or is positive, it is shown as debit or favourable balance.

Answer 2

Favourable balance in the cash book means positive balance. Such balance is represented by debit balance of the cash book. The cash book is debited when cash comes in and credited when cash goes out. So, when the cash book balance increases, or is positive, it is shown as debit or favourable balance.