Accountancy, asked by gsaikedar6760, 1 year ago

Tiwari and sons find that the bank balance shown by their cash book on 31march,2018is 40500(credit) but the pass book shows a difference due to the following reasons

Answers

Answered by nishachoudhary10
0
It means that there is an overdraft. It called debit balance as per pass book. An overdraft is treated as negative figure on a Bank Reconciliation Statement.
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