Bank reconciliation statement

General Accounting Principles

Title

45:30

8 of 24 completed

5 of 15 completed

38 of 100 completed

8 of 20 completed

Indian Economy - Understanding the basics of Indian economic system

Unfavourable bank balance is

Balance with bank

Bank overdraft

Credit balance in the cash book

Both 2) & 3)

Unfavourable balance means bank overdraft or credit balance in cash book. Favourable balance means balance with banks or bank balance.