Maharashtra State BoardHSC Commerce 11th
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Question Bank Solutions4607
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Syllabus
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Select the most appropriate alternative from those given and rewrite the following statement: Debit balance as per Cash Book is also known as ___________ balance. - Book Keeping and Accountancy

MCQ

Select the most appropriate alternative from those given and rewrite the following statement:

Debit balance as per Cash Book is also known as ___________ balance.

Options

  • favourable

  • overdraft

  • abnormal

  • unfavourable

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Solution

Debit balance as per Cash Book is also known as favourable balance.

Concept: Reasons for the Difference Between Cash Book Balance and Pass Book Balance
  Is there an error in this question or solution?
Chapter 6: Bank Reconciliation Statement - Exercise Q.4 [Page 205]
Q 8
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Balbharati Book-keeping and Accountancy 11th Standard HSC Maharashtra State Board
Chapter 6 Bank Reconciliation Statement
Exercise Q.4 | Q 8 | Page 205
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