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What are the causes of difference between cash book balance with passbook balance ? State any 5 differences. |
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Answer» tion:1. Cheques ISSUED but not yet presented for payment in the bank. 2.Cheque paid into the bank for collection but not yet credited/COLLECTED by the bank. 3.Cheques paid into the bank for collection but DISHONOURED by the bank. 4.Interest ALLOWED by the bank. 5.Interest and dividend collected by the bank. |
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