Question

what does cradit balance and cash book mean​

Answer 1

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Answer 2

Credit balance is the amount of borrowed funds, usually from the broker, deposited in the customer's margin account following the successful execution of a short sale order. A margin account with only short positions will show a credit balance.

A cash book is a financial journal that contains all cash receipts and disbursements, including bank deposits and withdrawals. Entries in the cash book are then posted into the general ledger.

Hope it was helpful☺

GM