A debit balance of N1,000 in cash account means that
A cash in hand is N1,000
B cash has been overspent by N1,000
C total cash paid out is N1,000
D total cash received was less by N1,000
Answer is A
Tutors, Past Questions and Projects.
A debit balance of N1,000 in cash account means that
A cash in hand is N1,000
B cash has been overspent by N1,000
C total cash paid out is N1,000
D total cash received was less by N1,000
Answer is A
