Unfavorable balance as per cash book means-
(1) debit balance of bank column of Cash book
(2) credit balance of bank column of cash book (3) debit balance of cash column of cash book (4) credit balance of cash column of Cash book
Answer with explanation.
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Answer:
(1) debit balance of bank column as per cash book
Explanation:
overdraft is usually a small term loan taken from bank hence it is debited.
the amount will be written on the minus side of BRS.
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credit balance of bank column of cash book
because in BRS bank column of cash book and pass book are compare
and overdraft balance is unfavorable balance of cash book
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