Accountancy, asked by adibakarim70, 1 month ago

Q23. The balance on the bank account in a cash book is $1200 credit.
How is this shown in the Balance Sheet?



*as a current asset
*as a current liability
*as a long-term liability
* as owner's drawings
(What’s the answer from above 4 options )

Answers

Answered by bhavanaknkn
1

Answer:

as a current liability because 1200 credit so it is liable to business

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