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Question

Q.2. Give any two reasons for difference between Balance as per Cash Book and Balance as per Pass Book.

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Solution

Dear student,

The differences between balance as per Cash book and that as per pass book arises due to following reasons:

1) Interest provided by bank not known to customer
2) Cheque issued but not presented for payment,
3) Cheques which are not credited
4) direct payment made in banks not known to customers.

Regards

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