What is different between cash book and pass book?

Answer Posted / 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



Post New Answer       View All Answers


Please Help Members By Posting Answers For Below Questions

What are your views on the performance of India Paralympics?

621


why do you choose MBA finance after your IT engineering?

5526


What do you know about Chief of Planning Commission and Election Commission etc.

639


1. What is Discount Rate? 2. Does it depends on place/condition where we are using it? 3. Discount Rate = Repo Rate or Bank rate?

2208


What is fixed assets turnover ratio?

606






Can Filing Bankruptcy Stop Bill Collectors From Calling?

652


Explain About Openpages Model Risk Governance?

730


Do you know the difference between shares and debentures?

616


Which government started the LPG policy in India?

611


What do you know about FI, FII and FDI?

639


What are the different ways to value a company, a share, and a bond?

629


What is our current stock price?

607


Who is co-operative bank regulator?

651


What is difference between mergers, acquisitions and takeovers?

661


How to get registered through e-application?

591