Accountancy, asked by saimansari9199, 5 months ago

why the debit side of cash book always greater than the credit side

Answers

Answered by ItsManavKing

1

Explanation:

It should be noted that the tatol of the debit side of the cash book always exceeds the credit side.It is because business cannot pay more cash than what he has got. If the money is paid by borrowing from someone,it will first be recorded on the receipts side and only then it will be shown on the paymen side.

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