Difference in Bank Balance as per Pass Book and Cash Book may arise on account of

Name: Difference in Bank Balance as per Pass Book and Cash Book may arise on account of
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Question

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The difference in bank balance as per Pass Book and Cash Book can arise due to cheques issued but not yet presented for payment and cheques issued but dishonoured. Both these situations lead to discrepancies between the two records until the transactions are fully processed or recognized by both the bank and the account holder.

Difference in Bank Balance as Per Pass Book and Cash