difference between cash book and bank book?

Answers were Sorted based on User's Feedback



difference between cash book and bank book?..

Answer / r.sivaraman

Cash Book: All cash transactions are entered in the cash
book straightway, and ledger accounts are prepared on the
basis of such records. Hence, Cash Book is considered as a
Subsidiary book. Cash book is again a ledger and a
principal book since, it serves as cash account and book
account, the balances of which are recorded in the traial
balance directly. Cash book has debit and credit sides.
All receipts are entered on the debit side and all payments
are enetered on the credit side. It is maintained under
the Double entry principle.

Feature of Cash Book:
1. All cash receipts are cash payments are entered
chronologically in the cash book
2. It never shows a credit balance
3. It serves both the functions of Jounal and Ledger
sumultaneously.


Is This Answer Correct ?    107 Yes 29 No

difference between cash book and bank book?..

Answer / prajaktashrikant

Cash Book is prepared by Propwriter. Pass Book is
prepare by Bank peoples. After transaction take place both
of them pass the Entries .
Cash Book shows Dr side Receipt & cr side Payment But in
pass book Dr side payment & cr side Receipt .
This 2 are measure difference between Cash Book & Pass
Book

Is This Answer Correct ?    98 Yes 23 No

difference between cash book and bank book?..

Answer / neena

Cash book deals with cash transactions and Pass book deals
with bank transaction. In Cash book we enter day to day
expenses incurred i.e., receipts and payment. Whereas in
pass book we enter all the day to day bank transaction
whether it is a cash, cheque or dd. In this credit
transactions also take place.

Is This Answer Correct ?    80 Yes 13 No

difference between cash book and bank book?..

Answer / wajid

cash book is different from bank book

Is This Answer Correct ?    72 Yes 28 No

difference between cash book and bank book?..

Answer / gaurav

in cash book we deals in cash while in bank book we deals
with bank . in cash book we entered those entries rec. or.
paid by cash while in bank book, we entered the paymt or.
rec. through bank

Is This Answer Correct ?    43 Yes 17 No

difference between cash book and bank book?..

Answer / sourabh verma

In cash book : we write all entries which are done by us in
cash, whatever we receive & whatever we give.

In bank book : bank pass book handle by the bank. whatever
we deposit & whatever we withdraw.

Is This Answer Correct ?    30 Yes 14 No

difference between cash book and bank book?..

Answer / sanam

There is difference between cashbook & bankbook !
cashbook always be with person and passbook keep with bank
in cashbook we can enter our all transcation whatever we
buy goods or pay money for use but bankbook just we can
Deposite money we cant Deposite goods in to the bank.
cashbook is always Debit and passbook is Cerdit

Is This Answer Correct ?    9 Yes 3 No

difference between cash book and bank book?..

Answer / waqar jahandad

ABCDEF has withdrawn $100 from UVWXYZ bank, this
transaction will be recorded in both books. For the bank
the amount been paid goes to credit side and for the
accoutn holder it comes through debit side. Reconciliation
is to match both those records and adjust the missing
transactions.

Cash Book is the record for the account holder (the bank
customer) and Pass Book is record for the Bank (i.e, Banker)
Cash book and Pass book are like the newton's third law of
motion,"Every action has equal reaction but it is in the
opposite direction"

Is This Answer Correct ?    10 Yes 7 No

difference between cash book and bank book?..

Answer / ankit pansuriya

Cash Book: All cash transactions are entered in the cash
book straightway, and ledger accounts are prepared on the
basis of such records. Hence, Cash Book is considered as a
Subsidiary book. Cash book is again a ledger and a
principal book since, it serves as cash account and book
account, the balances of which are recorded in the traial
balance directly. Cash book has debit and credit sides.
All receipts are entered on the debit side and all payments
are enetered on the credit side. It is maintained under
the Double entry principle.

Feature of Cash Book:
1. All cash receipts are cash payments are entered
chronologically in the cash book
2. It never shows a credit balance
3. It serves both the functions of Jounal and Ledger
sumultaneously.

Is This Answer Correct ?    5 Yes 3 No

difference between cash book and bank book?..

Answer / shreekanth samala

the measure different between CB & PB,there are two sides
i.e dr & cr side in CB debit shows reciept & cr shows
payment but in PB vice- versa.....

for example:
if xyz deposite of Rs 10,000/- in abc bank then the
transaction one is dr side in CB i.e reciept but in PB cr
side i.e payment

Is This Answer Correct ?    7 Yes 5 No

Post New Answer



More CompanyAffairs CS Interview Questions

A prouduct passed through three stage of the production and product for each stage become the raw material for the new stage further raw material on also added at each stage . During the march 2000, 1000 unit of finishied prouduction produced with following expenditure. A B C material 10000 8000 4000 labour 8000 12000 6000 on cost 5000 4000 2000 inculuded expenses amount to 5200 and to be allocated on the bassis of labour main raw material issue to stage A was worth rs 6400\- prepare the procesing cost account with unit each stage and total cost finishied product the final stage.

1 Answers  


I am forming a Pvt. Ltd. company with total 4 no. of directors including myself. I'll be providing all the financing via. initial capital investment + operating cost. We have mutually agreed to keep percentage as - 55% myself and 15% each of other 3 (15x3=45%) now my questions are : 1. What if one person backs out at any given point, what are implications and what would happen to his share of percentage ? 2. What should I do to keep a control on decisions and financial matters in case any of the directors cheats/wants to leave? (as my money will be on stake)

1 Answers  


what is meant by search report of the company n why is it prepared?

0 Answers  


what do you mean by blue chip companies?

2 Answers  


what cunditions of charged of exise duty

1 Answers   Jiva,






What are the main differences between corporate debt and equity? Why do some firms try to issue equity in the guise of debt?

8 Answers   Pepsi,


how to solve the problem of sechdule date problem in sap proframme.

0 Answers   Jindal,


Does any one attented HSBC audit compliance test? Please let me know asap. suraj

0 Answers   HSBC,


What is preferential order of payment to the following in the event of winding up a company? What is the correct order??? 1.Bank loan(secured) 2.Preference share capital 3.Debentures 4.Equity shares

1 Answers  


can a pvt ltd. coy take unsecured loan from any partnership firm? If not why?

1 Answers  


What should be the answere when asked "tell me about your self".

4 Answers  


Occasionally it is said that issuing convertible bonds is better than issuing stock when the firms shares are undervalued. Suppose that the financial manager of Decent Furniture Company does in fact have inside information indicating that the decent stock price is too low. Decent furniture earnings will in fact be higher than investor’s expectations. Suppose further that the inside information cannot be released without giving away a valuable competitive secret. Clearly, selling shares at the present low price would harm Decent’s existing shareholders. Will they also lose if convertible bonds are issued? If they do lose in this case, is the loss more or less than it would be if common stock is issued? Now suppose that investors forecast earnings accurately, but still under value the stock because they overestimate Decent’s actual business risk. Does this change your answer to the questions posed in the preceding paragraph? Explain.

0 Answers   OGDCL,






Categories