Passbook is a copy of __________ as it appears in the ledger of the bank.

Debtor's account

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Customer's account

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Creditor's account

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None of the above

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Solution

The correct option is B Customer's account
Passbook is a copy of the account of the customer as it appears in the bank's book. In other words, passbook is a record of banking transaction of a customer with bank. Entries which are made by a customer in the bank column of his cashbook must be entered by the bank in the passbook. Hence, the balances as per bank column of the cashbook must agree with the balance as per passbook.

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