A

Admin • 802.91K Points
Coach

Q. What does a credit balance in the bank column of the cash book indicate?

  • (A) Cash at bank
  • (B) Bank overdraft
  • (C) Cash in hand
  • (D) Error
  • Correct Answer - Option(B)
  • Views: 2
  • Filed under category Accounting
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Explanation by: Admin
A credit balance in the bank column of a cash book indicates an overdraft.

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