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When will the cash Book have a Credit Balance?
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Answer Posted / sunilkumarsuresh
Cash Book May Come in Credit Balance.Cash Book is Nothing
But Recording of Arithemetical Transactions
If the Arithemetical Balance is Not Matching with the
Physical Cash Balance ,Cash Book May Come to Credit
Balance,we have to Maintain the Debit Balance by Carry
forwarding the amount to control accounts such as Cash
Difference Account
TanQ
| Is This Answer Correct ? | 12 Yes | 7 No |
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