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

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One Line Answer

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

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Solution

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.

Concept: Meaning of Ledger
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Chapter 4: Ledger - Exercises [Page 114]

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