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Cash book is made before making Balance sheet because ash book balance is transfer to balance sheet but Cash flow statement is made after balance sheet.
2. Cash book is subsidiary book of accounts and cash flow statement is a Financial Statement.
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Difference between petty cash and main cash book?
cash book is the statement which contain's the total cash information . the information includes "cash in hand & cash at bank" petty cash book is maintain by company to meet their daily expenditure
What does exactly bank reconciliation statement mean?
it means that it show the difference between the cash book and bank statement
What are the advantages of bank reconciliation statement?
BRS is done to know the difference between Bank book and Cash book...to find any error occured in statement..
Difference between cash flow statement and income statement?
cash flow statement only shows cash transactions while income statement shows incomes and expenses for specific fiscal year.
What is the difference between Cash flow statement and income statement?
Cash flow shows the flow of cash in and out of a business while Income statement is a summarized statement showing the profit or loss made during a period.
Difference between petty cash and main cash book?
cash book is the statement which contain's the total cash information . the information includes "cash in hand & cash at bank" petty cash book is maintain by company to meet their daily expenditure
What does exactly bank reconciliation statement mean?
it means that it show the difference between the cash book and bank statement
What are the advantages of bank reconciliation statement?
BRS is done to know the difference between Bank book and Cash book...to find any error occured in statement..
Difference between cash flow statement and income statement?
cash flow statement only shows cash transactions while income statement shows incomes and expenses for specific fiscal year.
What is the difference between Cash flow statement and income statement?
Cash flow shows the flow of cash in and out of a business while Income statement is a summarized statement showing the profit or loss made during a period.
What is the importance of a bank reconciliation statement?
In order to see the difference between a bank balance and cash book,and see whether cheques or deposit made all appear in the bank statement
What is the importance of bank reconciliation statement?
In order to see the difference between a bank balance and cash book,and see whether cheques or deposit made all appear in the bank statement
Difference between cash book and ledger?
noob
What is the main difference between trade discount and cash discount?
The main difference between, cash discount is shows in account book but tradediscount does not show in account book.
What is the difference between a cash book and a petty cash book?
no ? plze answer say that this question
Why do you prepare a Bank Reconciliation Statement?
When the balances of our Cash Book and Pass Book do not agree, we prepare a Bank Reconciliation Statement. A Bank Reconciliation Statement is prepared periodically to reconcile the two balances and explain the reasons for the difference between them. It shows the items and the errors causing the difference as on a particular date. It is just a statement and not a part of the books of Accounts.
The difference between an income statement and cash flow statement?
Income statement shows the income or expenses related to one fiscal year while cash flow statement shows the cash inflows and outflows from different areas of business.
