Question

cash column of cash
book can never have ___ balance
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Answer 1

Answer:

Cash balance

Hope it will help you

Answer 2

ANSWER :

★ Cash column of Cash Book can never have Credit Balance.

• ❒ Cash book records all the transactions of cash payments and cash receipts. As the cash payment can never exceed the cash receipts i.e, cash-in-hand, cash book don't show credit balance.

• ❒ Cash book has always debit balance in the cash column and can't show any credit balance.

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KNOW MORE :

❍ Cash Book :-

• ➭ Cash book is a subsidiary book or special purpose book, meant for recording all the transactions of receipt and payment of cash in a chronologicalorder. It serves the purpose of both journal and ledger at the same time.

• ➭ Cash book is helpful in cash management wnd ascertaining the true cash position and also preventing embezzlement. It serves as a documentary evidence for cash balance.

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❍ Types of Cash Book :-

• ➭ Simple or Single Column Cash Book

• ➭ Double Column Cash Book

• ➭ Triple Column Cash Book

• ➭ Multi - columnar Cash Book

• ➭ Petty Cash Book