What balance will be entered in the cash book?
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Answer / a.madhu sudhan rao
Debit Balance will be entered in the Cash Book
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Answer / jitendra kumar
The Rule is also indicate Assets,Losses and Exppenses are debit. so I think cash balance is debit.
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3. In reviewing Corporate equity on a balance sheet, what effect be included in the description “Total Capital Stock” a) Par value of preferred b) Par value of common c) Paid in Capital excess of par value d) Both (a) and (b)
Answered but misspelled pl correct A LIST OF ACCOUNTS IN WHICH TRANSACTIONS ARE POSTED ARE ____ ____ACCOUNTS(ANS.TRACH)
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