what are the reasons for difference between cashbook and passbook balances
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There are many reasons because of which there is always some difference in passbook and cashbook balances:- 1. Cheques issued but not yet presented for payment in the bank When a cheque is issued to a creditor by the firm, it is immediately recorded on the credit side of the bank column of the cash
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what are the reason for difference between cashbook and pass book a balances
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