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Favourable balance of cash book implies

A. Credit balance of cash book

B. Debit balance of cash book

C. Bank overdraft

D. Adjusted balance of cash book

Answer: Option B

Solution(By Examveda Team)

Favourable balance of cash book implies balance at Bank. The credit balance as per the cash book indicates bank overdraft.

This Question Belongs to Commerce >> Accounting

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Comments ( 1 )

  1. Yogeshwar Singh
    Yogeshwar Singh :
    3 years ago

    How ??

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