Accountancy, asked by shivanipandey957, 1 year ago

Why cash book always show debit balance

Answers

Answered by svvnhs
0

here cash book means bank balance

so in business every time there is some amount in bank that the reason its showing debit balance.

and if taken overdraft (taken loan from bank) then the cash book shows credit balance


shivanipandey957: thanks but my teacher said cash book don't shows cr. balance
svvnhs: yes its always showing credit. if debit means business under in loss
shivanipandey957: ok thanks a lot
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