usually cash account has a credit balance true or false
Answers
Answered by
4
Hey here is ur answer..
False , cash is an accounting account that normally contains a debit balance...
Hope this helps..
plzz mark my ans as brainiliest..
False , cash is an accounting account that normally contains a debit balance...
Hope this helps..
plzz mark my ans as brainiliest..
Answered by
3
TRUE..
Assets, expenses, losses, and the owner's drawing account will normally have debit balances. Their balances will increase with a debit entry, and will decrease with a credit entry. Liabilities, revenues and sales, gains, and owner equity and stockholders' equity accounts normally have credit balances.
Similar questions
India Languages,
7 months ago
English,
7 months ago
English,
1 year ago
Science,
1 year ago
Physics,
1 year ago