A favourable balance in this case would be where the receipts are more than the payments so as to say when the cash book shows a debit balance. Unfavourable balance as per cash book class 11 accountancy bank reconciliation statement by anjali is an online education portal that provides interactive study material for. A cash book is a financial journal that contains all cash receipts and payments, including bank deposits and withdrawals. Favourable balance of cash book implies bank overdraft. What is meant by debit balance of cash book answers. You can find the questionsanswerssolutions for the chapter 5 of cbse class 11 accountancy in this page. When credit balance as per cash book is given, it is treated as overdraft. The credit balance as per the cash book indicates bank overdraft. The relationship between the customer and the banker is that of a creditor and a debtor. Brs when favourable balance as per pass book given,bank reconciliation statement get topics notes, online test, video lectures, doubts and solutions for cbse class 11commerce on topperlearning. Preparing the bank reconciliation statement 2 methods. That is, there is a favourable balance of cash deposited at the bank.
Unfavourable balance of cash book solutions this page contains the cbse accountancy class 11 chapter bank reconciliation statement notes. Unfavourable balance of cash book solutions eduxir. Debit balance as per cash book and credit balance as per pass book means favourable balance. Duduzile buda if a bank account is favourable, it gos to debit side. Favorable balance of bank statement implies that pakmcqs. Favorable balance is a balance where the credit side of a bank statement is greater than the debit side. Reasons for difference between bank balances as per cash book and pass book. How would you know if a bank balance is favorable or overdraft.
Bank reconciliation statement debit and credit balance. How would you know if a bank balance is favorable or. Bank reconciliation statement mcqs bank reconciliation statement mcqs. From pass book to cash book elearning, etutoring, school. Credit balance as per cash book and debit balance as per. An overdraft mantains a credit balance where as a favourable mantains a debit. From cash book to pass book elearning, etutoring, school.
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