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When will the cash Book have a Credit Balance?
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Answer Posted / surabhi
cash book can never have a credit balance becoz u cant pay
more than what u hold as cash..though its verrrry much
possible to have credit balance in bank account becoz dere
when payments are more than receipts bank may allow
overdraft facility but if its current account...
| Is This Answer Correct ? | 123 Yes | 9 No |
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