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Ledger — Book Keeping & Accountancy STD 11 Commerce / Arts — Question

Maharashtra BoardEnglish MediumSTD 11 Commerce / ArtsBook Keeping & AccountancyLedger1 Mark
Question
Why does a cash account never shows a credit balance?
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Answer

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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