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Bank balance
hey everyone
my query is
bank balance shown in balance sheet ... is it balance as per cash book or do we have to show balance as per pass book?
plz help
Replies (4)
You can show it in bs as a Bank
Hi.....the amount shown in balance sheet as per the cash book.
You can reconcile the cash book balance with pass book balance to check correctness of balance.
It must be as per cash book with reconciliation statement
As per bank balance
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