![]() The recording of cheque issued to the creditor is done in cash book on the date of issue.However, in the case of Passbook, the same is done on the date on which the amount is collected from the debtor’s bank. The recording of cheque deposited for collection is done in cash book on the date of deposit. ![]() The creation of cash book is optional, but Passbook should be created and maintained compulsorily.On the other hand, in the passbook, the deposits will be shown in credit side while withdrawals are shown on the debit side. In cash book, the receipts will be shown on the debit side while payments are entered in credit side. ![]()
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