Accountancy, asked by Yadavdeva78, 8 months ago

The unfavorable balance of cash in cash book is?

Answers

Answered by HeroicGRANDmaster

=>On the other hand, the credit balance as per the cash book indicates bank overdraft. In other words, the excess amount withdrawn over the amount deposited in the bank. It is also known as unfavourable balance as per cash book or unfavourable balance as per passbook.

Answered by Anonymous

On the other hand, the credit balance as per the cash book indicates bank overdraft. In other words, the excess amount withdrawn over the amount deposited in the bank. It is also known as unfavourable balance as per cash book or unfavourable balance as per passbook.

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