What is different between cash book and pass book?
Answers were Sorted based on User's Feedback
Answer / sumitra.raghavan
cash book is a subsidiary buks of accts maintained in relation
2 all cash transaction
pass book is buk maintained by bank in which it enters
transaction inrelation to its particular customer.
| Is This Answer Correct ? | 60 Yes | 5 No |
Answer / m.a.neelakantam
cash book maintented the user.pass book issue of serivice
provider
| Is This Answer Correct ? | 31 Yes | 9 No |
Answer / brahmanandam
pass book means its issue the bank.and cash book is we will
prepared in our company.
| Is This Answer Correct ? | 9 Yes | 2 No |
Answer / venkata subbarao.n
CASH BOOK I MAINTAINED BY THE USER.
PASS BOOK IS MAINTAINED BY THE BANK.THERE IS AN DIFFERENCE BETWEEN CASH BOOK AND PASSBOOK.WHEN WE ARE ISSUING AN CHEQE WE ARE ENTER INTO OUR CASH BOOK,THEN OUR BALANCE ARE DECREASE BUT OUR PASS BOOK BALANCE ARE AFTER DEPOSIT THE CHEQE INTO THE BANK THEN IT SHOWS A CREDIT BALANCE IN THE PASS BOOK.
| Is This Answer Correct ? | 2 Yes | 0 No |
Answer / brahmi
main differnce is cash book shows debit balance and pass book shows credit balance this is called favourable balances
| Is This Answer Correct ? | 6 Yes | 5 No |
Answer / dhruba chatterjee
Cash book is a subsidiary book of a firm which records all cash transactions and in case of bank column,all bank transactions are recorded.
Pass book is maintained by the bank in which , all bank transactions of a customer are recorded
| Is This Answer Correct ? | 1 Yes | 0 No |
Answer / prasad
Cash book will prepared by our end it's mean our organation
where as Pass book is what ever we have done the
transactions in cash book for that bank will do service to
them and pass book is like our independent source for cash
reconciliation.
| Is This Answer Correct ? | 2 Yes | 3 No |
Read the case carefully and answer the questions given at the end: CALLS PUT A B C Months of expiration 3 9 3 Continuous yearly risk-free Rate (Rf) 10% 10% 10% Discrete yearly Rf 10.52% 10.52% 10.52% Standard deviation of Stock returns 40% 40% 40% Exercise price Rs.55 Rs.55 Rs.55 Option price Rs.2.56 - Rs.6.20 Stock price Rs.50 Rs.50 Rs.50 Cash Dividend Re.0 Re.0 Re.0 1) Why should call B sell for more than call A? 2) Is the put call parity model working for options A&C? 3) Calculate the Black Scholes values of call A & Call B?
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