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Answer in one sentence only.Why does cash account never shows a credit balance? - Book Keeping and Accountancy

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प्रश्न

Answer in one sentence only.
Why does cash account never shows a credit balance?

एक पंक्ति में उत्तर
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उत्तर

Available cash with the business is an asset of the business and the account of every asset shows debit, cash account always shows debit balance.

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अध्याय 4: Ledger - Exercises [पृष्ठ ११४]

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बालभारती Book Keeping and Accountancy [English] Standard 11 Maharashtra State Board
अध्याय 4 Ledger
Exercises | Q 1. 7) | पृष्ठ ११४
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