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 |