WebMar 31, 2024 · 4,000. Balance as per the passbook. 8,600. 13,700. 13,700. 4. Bank balance of ₹ 40,000 showed by the cash book of Atul on December 31, 2016. It was found that three cheques of ₹ 2,000, ₹ 5,000 and ₹ 8,000 deposited during the month of December were not credited in the passbook till January 02, 2024. Two cheques of ₹ 7,000 and ... WebStep 3: Put the balance of cash book or pass book as the first item in bank reconciliation statement. The favourable balance of cash book (i.e., debit balance) or pass book (i.e., credit balance) is to be shown under ‘plus’ column and unfavourable/overdraft balance of cash book (i.e., credit balance) or pass book (i.e., debit balance) is to be shown under …
What does Favourable bank balance means? – …
WebFavourable bank balance means: (a) Credit balance in the cash book (b) Credit balance in passbook (c) Debit balance in the cash book (d) Both (b) and (c) Answer (c) Debit … WebCorrect option is C) Unfavorable or negative balance means credit balance in cash book. This means that we have taken a loan from the bank i.e. we owe money to the bank. In … other names for soy protein
Bank Reconciliation Statement (Debit and Credit Balance)
WebDec 12, 2024 · A non-performing loan (NPL) is a loan in which the borrower has not made repayments of principal and/or interest for at least 90 days. When a bank is unable to recover non-performing loans, it can repossess assets pledged as collateral or sell off the loans to collection agencies. When a bank has too many non-performing loans in its … WebJul 12, 2024 · The balance of Payments (BoP) is a statement carrying all the transactions between entities in one country and the other countries over a specific period of time. It is also known as the balance of international Payments. The BoP summarizes a country’s individuals, corporate firms, and government entities complete with the bodies of the … WebNov 7, 2024 · Prepare Bank Reconciliation Statement from the following particular on 30th June,2006 Bank statement showd a favourable balance of ₹ 9,214 . (i) On . asked Sep 11, 2024 in Accounts by RutviPatel (62.1k points) class-11; bank-reconciliation-statement; 0 votes. 1 answer. rockhampton netball association