Favourable bank balance means: Options: A . &nbspDebit balance in cash book B . &nbspCredit balance in pass book C . &nbspBoth A & B D . &nbspNone of these

Favourable bank balance means:

Question

Favourable bank balance means:

Options:

A . Debit balance in cash book

B . Credit balance in pass book

C . Both A & B

D . None of these

Answer: Option C
:
C
Favourable bank balance means debit balance in cash book as well as credit balance in pass book.

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Question 1. From the following particulars, find balance as per cash book as at March 31, 2018. (i) Credit balance as per pass ....by customers Rs 4,100 (iv) Interest credited by bank Rs 300

Question 2. From the following particulars, find balance as per cash book as at March 31, 2018. (i) Debit balance as per pass b....customers Rs.2,200 (iv) Dividend received directly into the bank account Rs 300

Question 3. Which of the following is not true with regards to dishonor of a cheque?....

Question 4. Which of the following is correct in case of interest collected by bank?....

Question 5. The cash book shows a bank balance of Rs. 8,000. On comparing the cash book with passbook the following discrepancies we....by a customer Rs. 4,000 Find the balance as per pass book.

Question 6. While preparing bank reconciliation statement, if balance as per pass book is starting point, direct deposits in bank sh....book is starting point, direct deposits in bank should be:

Question 7. In Bank Reconciliation Statement, when balance as per cash book is taken as the starting point, direct deposit by a cust....by a customer into his bank 18,000 will be :

Question 8. When money is withdrawn from bank, the bank will ____ the customer account....

Question 9. Standing orders for insurance premium of Rs 15,000 to be paid every month shall be _____....

Question 10. There were 2 cheques worth Rs 5000 each given to a creditor. He lost one cheque while he was travelling to his office. T....to cash book showing a less balance of Rs ___

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