Question

Which balance is shown in the cash book ?

Answer 1

Answer:

Credit balance of Bank column of Cash Book represents the balance as per Cash book.

Answer 2

Answer:

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Explanation:

The debit balance as per the cash book means the balance of deposits held at the bank. Such a balance will be a credit balance as per the passbook. Such a balance exists when the deposits made by the firm are more than its withdrawals.