Briefly explain the term ‘favourable balance as per cash book’.

Explanation

Favourable balance (Debit Balance), as per the money Book, is AN quality to AN account holder. it's conjointly referred to as debit balance as per the money Book. Favourable balance is that the way over total of accounting system over total of accounting system of a bank column of a money Book. In alternative words, favourable balance means that way over deposits over withdrawals