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Give one word/term/phrase which can substitute the following statement: Debit balance in Pass Book. - Book Keeping and Accountancy

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One Word Answer

Give one word/term/phrase which can substitute the following statement:

Debit balance in Pass Book.

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Solution

Debit balance in Pass Book. - Overdraft as per pass book

Concept: Reasons for the Difference Between Cash Book Balance and Pass Book Balance
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APPEARS IN

Balbharati Book-keeping and Accountancy 11th Standard HSC Maharashtra State Board
Chapter 6 Bank Reconciliation Statement
Exercises | Q 2. 5. | Page 204
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