Basic Financial Accounting Short Questions: Which statement below concerning the cash account is true?
Select one alternative:
A Cash will always have more debits than credits
B Cash will never have a credit balance
C Cash is increased by debiting
D None of the above

Question

Which statement below concerning the cash account is true? 
Select one alternative:
A Cash will always have more debits than credits
B Cash will never have a credit balance
C Cash is increased by debiting
D None of the above

Gonza R · Accepted Answer

D None of the above

Basic Financial Accounting Short Questions

Which statement below concerning the cash account is true? Select one alternative: A Cash will always have more debits than credits B Cash will never have a credit balance C Cash is increased by debiting D None of the above

D None of the above

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