Accountancy, asked by Sonal6448, 1 year ago

what do you mean by debit balance as per cash book?

Answers

Answered by Alcaa

2

Answer:

The debit balance as per cash book means the balance of deposits held at bank.

Explanation:

Such a balance exists when the deposits made by the firm are more than its withdrawals. It indicates the favourable balance as per cash book.

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