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Difference between Cash Book and Pass Book

Difference between Cash Book and Pass Book :

S.No

Basis of
Distinction
Cash Book
(Bank Column)

Pass Book

1.

Maintained by

Cashier

Banker

2.

Deposits of Cash

Entered on the debit side of the cash book.

Entered on the credit column of the pass book.

3.

Withdrawals of Cash

Entered on the credit side of the cash book.

Entered on the debit column of the pass book.

4.

Cheques deposited for collection

Entered on the debit side of the cash book on the date of depositing the cheques into the bank.

Entered in the pass book only on the date of the

realisation of the cheque.

5.

Cheques issued

Entered on the credit side of the cash book on the date of issuing the cheque to the creditors. Entered on the debit column of the pass book only on the date on which they are presented and paid.

6.

Collections and payments as per customers standing instructions

Entered in the Cash book after seeing the pass book.

Entered in the Pass book first.

7.

Signature

It is not signed by the cashier

It is signed by the Bank official after each transaction.

8.

Balancing

It is balanced at the end of a specified period.

It is balanced after each transaction

 

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