Bank added interest in the bank account will result in bank balance being ___ when compared to cash book balance.
Excess
Short
Same
None of the above
It becomes excess.
Which of the following shall be added in the closing balance of cash book while preparing BRS? (1). Interest credited in the bank Rs 200 (2). Interest charged by bank Rs 200
Cash , bank & accounts receivables ledger in the books will generally have a ________ Balance.
A debit balance in bank column of cash book is always equal to the credit balance in the account of Mr. X in the books of bank.