Maharashtra State BoardHSC Arts 11th
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Give one word/term/phrase which can substitute the following statement: Excess of bank deposits over withdrawals by businessman in bank current account. - Book Keeping and Accountancy

One Word Answer

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

Excess of bank deposits over withdrawals by businessman in bank current account.

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Solution

Excess of bank deposits over withdrawals by businessman in bank current account. - Bank balance (favourable balance)

Concept: Bank Reconciliation Statement
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Chapter 6: Bank Reconciliation Statement - Exercise Q.2 [Page 204]
Q 10
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Balbharati Book-keeping and Accountancy 11th Standard HSC Maharashtra State Board
Chapter 6 Bank Reconciliation Statement
Exercise Q.2 | Q 10 | Page 204
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