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cash department role in bank

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Q: What is the function of cash department in a bank?
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What is dual function of the cash book as a book of prime entry?

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to handle out flows and in flows of cash from domestic or international territories. It supplies the cash to dear ones frome the dear ones from aboard


What is the function of sales department in bank?

The sales department of the bank is responsible for improving the sales of the bank. They are responsible for reaching out to new/potential customers and canvassing them to open bank accounts or to apply for loans and other products like credit cards etc. If the sales department is not working efficiently, the bank may not be able to expand its customer base.


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Where to cash a check from Deutsche Bank?

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What will be the entry in cash book when cheque is paid to bank?

There will be no entry in cash book when cheque is paid into bank if cash was deposited into bank then there will be entry in cash book


How will this entry in three column cash book cash at bank?

Cash deposited will be shown in cash column while bank account will be debited to bank account and balance in bank column of cash book while as this is contra entry "C" will be shown in third column for both cash and bank.


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What is bank balance versus cash balance?

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What is cash book with bank column?

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