What do you understand by the following. (a) Favourable balance as pe – InterviewSolution

1.

What do you understand by the following. (a) Favourable balance as per cash book. (b) Unfavourable balance as per cash book.

Answer»

Favourable Balance as per cash book: The Debit Balance of cash is favourable balance of cash book.

Unfavourable cash book: The Negative Balance of cash is unfavourable cash book.

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