Differences between a cash book and bank passbook, accounting, Basic Statistics

Differences between a cash book and bank passbook, accounting, Basic Statistics

Assignment Help:

State the main reason because of which the differences between a Cash Book and Bank Passbook.

Ans. The difference can be stated as follows

a) Sometime cheque issued to party on time but they make a delay in depositing to their Bank for further realization in their account, while issuing the cheque reduces the Bank Balance in Cash Book’s Bank Column but in Bank Passbook the balance will change only when the issued cheque come arrive for collection.

b) Sometime some receipt entries credited by bank, which have been directly sent by parties but trader only come to know when it get his passbook updated.

c) Sometime few charges like Cheque collection charges, Folio Charges, Bank Interest is debited or credited by bank, but a trader come to know only after he gets the passbook updated.

Related Discussions:- Differences between a cash book and bank passbook, accounting

Define Accrued liabilities , Obligations showing the responsibility to pay ...

Obligations showing the responsibility to pay for solutions or products that have been suffered or obtained but not compensated for by the end of the sales interval.

Median, median

median

Process costing, ggg

ggg

How this works, So I can send you a word problem & you van send the answers...

So I can send you a word problem & you van send the answers back in excel for me?

Characteristics of data in statistics, Important Characteristics of Data ...

Important Characteristics of Data Center - The representative or average value which indicates where the middle of the data is located. Variation - the measur

Introduction to statistics, characteristics of statistics

characteristics of statistics

Life tables, For public health purposes, the force of mortality in a popula...

For public health purposes, the force of mortality in a population is usually measured by means of such indices as crude death rate. Infant mortality rate, specific death rate at d

SPSS, Assignments due 9/14/2012 Need pricing

Assignments due 9/14/2012 Need pricing

Website needed, Where can I find statistics on how goal setting can help el...

Where can I find statistics on how goal setting can help elementary students?

Find confidence interval, A sample of 40 golfers showed that their average ...

A sample of 40 golfers showed that their average on a particular course was 94 with a standard deviation of 6. a. Find the 95% confidence interval of the mean score for all golf

Write Your Message!

Name

Email id

Message

Verfication Code

Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

Submit Assignment

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd