Accountancy, asked by aditya649, 1 year ago

usually cash account has a credit balance true or false

Answers

Answered by jayakulpreet
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..
Answered by nrgibson1
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.

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