Favourable balance as per cash book means __________.

debit balance in the bank column of the cash book

Right on! Give the BNAT exam to get a 100% scholarship for BYJUS courses

debit balance in the pass book

No worries! We‘ve got your back. Try BYJU‘S free classes today!

credit balance in the bank column in the cash book

No worries! We‘ve got your back. Try BYJU‘S free classes today!

none of the above

No worries! We‘ve got your back. Try BYJU‘S free classes today!

Open in App

Solution

The correct option is A debit balance in the bank column of the cash book
Favourable balance as per cash book means normal balance of cash book which is debit balance.

Suggest Corrections

Similar questions

When bank column of a cash book shows a debit balance, what does it mean?

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.

6, 000

250

475

R s . 9950

R s . 5100

R s . 510

R s . 210

R s . 1200

Join BYJU'S Learning Program