Difference between Cash Book and Pass Book - QS Study
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Difference between Cash Book and Pass Book

Cash Book

  • Maintained by Cashier
  • Deposits of Cash entered on the debit side of the cash book
  • Withdrawals of cash entered on the credit side of the cash book
  • Cheques deposited for collection entered on the debit side of the cash book on the date of depositing the cheques into the bank.
  • Cheques issued entered on the credit side of the cash book on the date of issuing the cheque to the creditors.
  • Signature is not signed by the cashier.
  • It is balanced at the end of a specified period.

Pass Book

  • Maintained by Banker
  • Deposits of Cash entered on the credit column of the pass book.
  • Withdrawals of cash entered on the debit column of the pass book.
  • Cheques deposited for collection entered in the pass book only on the date of the realization of the cheque
  • Cheques issued entered on the debit column of the pass book only on the date on which they are presented and paid.
  • Signature is signed by the Bank official after each transaction.
  • It is balanced after each transaction