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please proovide the answers for the reasons for the
differences of cash book and pass book
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Answer / anchit saxena
1- cheque issued but not yet collected by bank
for example- say opening favourable balance as per cash
book is Rs.2,000 n balance as per bank statement is
Rs.2,000.if company issue cheque worth Rs.1,000 but not
collected by bank in this case our cash book balance will
be reduced from Rs.1,000 and bank statement will be shown
Rs.2,000.
2- anil is a debtor and he deposit cheques directly in to
the bank but have no information to the company abt this
cheques in this case our bank statement will be show more
than our cash book.
3- interest charged directly by the bank etc.
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