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Correct and rewrite the following statement: Debit balance as per Pass Book is known as favourable balance. - Book Keeping and Accountancy

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Question

Correct and rewrite the following statement:

Debit balance as per Pass Book is known as favourable balance.

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Solution

Debit balance as per Pass Book is known as unfavorable balance

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Chapter 6: Bank Reconciliation Statement - Exercises [Page 207]

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Balbharati Book Keeping and Accountancy [English] Standard 11 Maharashtra State Board
Chapter 6 Bank Reconciliation Statement
Exercises | Q 8. 3. | Page 207
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