What is meant by overdraft or unfavourable balance as per Cash Book ?

What is meant by favourable balance as per Cash Book?

What is meant by Overdraft or unfavourable balance as per Pass Book?

What is meant by favourable balance as per Pass Book?

What does the credit column of Pass Book show?

If the cash book balance is taken as starting point the items which make the cash book balance smaller than the passbook must be for__________ the purpose of reconciliation

Favourable balance as per the cash book means ....................balance in the bank column of the cash book.

Normally, the cash book shows a debit balance, passbook shows__________ balance

When money is with drawn from the bank_____ the account of the customer.

Passbook is a copy________ of as it appears in the ledger of the bank.

A bank reconciliation statement is mainly prepared for:

Favourable bank balance means:

Unfavourable bank balance means

A bank reconciliation statement is prepared with the balance

A bank reconciliation statement is prepared by

The debit balance of the bank account as per the cash book should be equal to the credit balance of the business in the books of the bank.

Overdraft as per the passbook is less than the overdraft as per cash book when there are cheques deposited but not collected by the banker.

Cheques deposited but not collected will result in increasing the balance of the cash book when compared to passbook.

Cheques issued but not presented for payment will reduce the balance as per the passbook

Passbook is the statement of account of the customer maintained by the bank.