Question

unfavorable bank blance means​

Answer 1

Answer:

Answer:Unfavorable or negative balance means credit balance in cash book. This means that we have taken a loan from the bank i.e. we owe money to the bank. ... Assets have debit balance. So, the bank shows debit balance in our pass book, which is a copy of customer's account in the books of bank.

Answer 2

Answer:

Unfavorable or negative balance means credit balance in cash book. This means that we have taken a loan from the bank i.e. we owe money to the bank. ... Assets have debit balance. So, the bank shows debit balance in our pass book, which is a copy of customer's account in the books of bank.

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