Question

Cash Account is a liability or assets ?​

Answer 1

Answer:

Cash is a Asset.

Explaination :

An asset is any resource owned by the business.

Simply stated, assets represent value of ownership that can be converted into cash (although cash itself is also considered an asset).

Hope it helps

Answer 2

Answer:

Asset

Explanation:

<> Cash account is a asset..not an Piability

<> Because cash account can be said as liquid asset.

<> Liquid asset is a asset..but, not an Liability