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When will the cash Book have a Credit Balance?

Question Posted / asma tabassum

Answers were Sorted based on User's Feedback



When will the cash Book have a Credit Balance?..

Answer / arif ar

A point is to be noted here that cash book can never show the credit balance. Credit balance means that the payments are more than receipts. How it is possible? How a cashier can pay without having the cash? Balance of cash in cash book may be either in debit or nil.

Is This Answer Correct ?    0 Yes 0 No

When will the cash Book have a Credit Balance?..

Answer / griffen

Considering that the cash book is a one column cash book meaning it only records cash transactions only thenit can never have a credit balance but if its a two column cash n bank then if an overdraft is offered at bank then definitely we gonna have a credit balance on the credit side.

Is This Answer Correct ?    0 Yes 0 No

When will the cash Book have a Credit Balance?..

Answer / sanat

IF CASH RECEIPT ENTRY NOT POSTED INTO SYSTEM.

Is This Answer Correct ?    6 Yes 7 No

When will the cash Book have a Credit Balance?..

Answer / tapan roy

NEVER,If no cash in hand how I paid or credited.

Is This Answer Correct ?    1 Yes 2 No

When will the cash Book have a Credit Balance?..

Answer / sukavani

CASH BOOK NEVER GETS CREDIT BALANCE,IF IT DONE MEANS,WE
PASSED WRONG ENTRY,WE DONT HV CASH MEANS,HOW CAN U GIVE
MONEY

Is This Answer Correct ?    1 Yes 2 No

When will the cash Book have a Credit Balance?..

Answer / y.n.muralidhar

NEVER, CASH BOOK NEVER GETS CREDIT BALANCE

Is This Answer Correct ?    24 Yes 26 No

When will the cash Book have a Credit Balance?..

Answer / nilesh

Expenses is more than income so cash balance in credited
but in book of account cash balance never show in credit
balance because cash in hand balance means year ended how
many cash in your hand

in present cash never paid more than withdrwan

Is This Answer Correct ?    3 Yes 5 No

When will the cash Book have a Credit Balance?..

Answer / rana

If cash is negative then it is indication that cash
expenditure double booked

Is This Answer Correct ?    5 Yes 7 No

When will the cash Book have a Credit Balance?..

Answer / moses

when Cash payment is made more than cash withdrawal from
the bank.

Is This Answer Correct ?    8 Yes 18 No

When will the cash Book have a Credit Balance?..

Answer / sanat

If cash withdrawl entry not posted in system.

Is This Answer Correct ?    8 Yes 31 No

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