Accounting - QS Study
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What is Bank Overdraft?

Bank Overdraft Bank overdraft is an amount drawn over and above the definite balance kept in the bank account. It is happen when an individual......

Format of Bank Reconciliation Statement

Format of Bank Reconciliation Statement ‘Bank reconciliation statement is a catalog in which a variety of substance that reason a dissimilarity between bank balance as......

Amounts Debited by the Banker in the Pass Book – Effects

Amounts debited by the banker in the pass book without the immediate knowledge of the customer The following are some of the examples for this.......

Amount Credited by the Banker in the Pass Book – Effects

Amount credited by the banker in the pass book without the immediate knowledge of the customer The following are several of the examples for the......

Importance of Bank Reconciliation Statement

Need and Importance of Bank reconciliation statement ‘Bank reconciliation statement is a list in which the various items that cause a dissimilarity between bank balance......

Cheques Issued but not yet Presented for Payment – Causes

Cheques issued but not yet presented for payment The cheques issued but not debited customers account may be because the cheque is not cashed till......

Cheques Paid into Bank but not yet Collected – Causes

Cheques paid into bank but not yet collected The cheques paid into bank for collection but not credited into the account of the customer, because......

Format of Bank Pass Book

Format of Bank Pass Book Bank Pass Book is a duplicate of the account of the client as it appears in the bank’s books. When......

Bank Reconciliation Statement

Bank Reconciliation Statement ‘Bank reconciliation statement is a catalog in which a variety of substance that reason a dissimilarity between bank balance as per cash......

Difference between Cash Book and Pass Book

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......

Debit Side and Credit Side of the Cash Book

Debit Side and Credit Side of the Cash Book All transactions in the cash book have two sides: debt and credit. All cash receipts are......

Bank Pass Book

Bank Pass Book Bank Pass Book (statement of account) is simply a copy of the customer’s account in the books of a bank. It is......

How to Posting of Entries in the Petty Cash Account?

Posting of Entries in the Petty Cash Account Petty cash is a little amount of cash that is reserved on the business premises to pay......

Advantages and Disadvantages of Analytical Petty Cash Book

Advantages of analytical petty cash book Petty cash is a comprehensible and common method of paying for business operating cost. When petty cash is easy......

Format of Analytical Petty Cash Book

Format of Analytical Petty Cash Book In big business apprehensions, the petty cash book is maintained in analytical form, with a detach column for each......