Question

is cash-in-hand debit or credit​

Answer 1

Answer:

Explanation:

For example, if you debit a cash account, then this means that the amount of cash on hand increases. However, if you debit an accounts payable account, this means that the amount of accounts payable liability decreases. ... Asset accounts. A debit increases the balance and a credit decreases the balance.

Answer 2

hey mate...

here is your answer...

For example, if you debit a cash account, then this means that the amount of cash on hand increases. However, if you debit an accounts payable account, this means that the amount of accounts payable liability decreases.. A debit increases the balance and a credit decreases the balance.

hope it helps...

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