List 4 items having an effect of higher balance in the passbook.

Asked by Topperlearning User | 15th Jul, 2016, 04:31: PM

Expert Answer:

  1. Cheque issued by the firm but not yet presented for payment at the bank.
  2. Direct deposit made by a customer in the bank but not recorded in the cash book.
  3. Bills receivable directly collected by the bank.
  4. Interest credited by the bank.

Answered by  | 15th Jul, 2016, 06:31: PM