Home
Class 11
ACCOUNTS
Cash Account is an Account ....

Cash Account is an __________ Account .

Text Solution

Verified by Experts

The correct Answer is:
Asset
Asset
Promotional Banner

Topper's Solved these Questions

  • PROJECT WORK

    TS GREWAL|Exercise 11. Special Purpose Book II- Other Books (State whether the following statement are True of False :|6 Videos

  • PROJECT WORK

    TS GREWAL|Exercise 12. Bank Reconciliation Statement ( State whether the following statement are True or False :)|10 Videos

  • PROJECT WORK

    TS GREWAL|Exercise 9. Ledger (State whether the following statement are True of False : )|5 Videos

  • ORIGIN OF TRANSACTIONS-SOURCE DOCUMENTS AND PREPARATION OF VOUCHERS

    TS GREWAL|Exercise SHORT ANSWER TYPE QUESTIONS|5 Videos

  • PROVISIONS AND RESERVES

    TS GREWAL|Exercise VERY SHORT ANSWER TPYE QUESTIONS|13 Videos

Similar Questions

Explore conceptually related problems

A , B and C were in partnership sharing profits and losses in the ratio of 2 : 2 : 1 . They decided to dissolve the partnership . On that date of dissolution . Sundry Assets (including cash ₹ 5,000) amounted to ₹ 88,000 , assets realised ₹ 80,000 (including an unrecorded asset which realised ₹ 4,000) . A contingent liability on account of bills discounted ₹ 8,000 was paid by the firm. The Capital Accounts of A , B and C showed a balance of ₹ 20,000 each. Prepare Realisation Account , Partner's Capital Accounts and Cash Account .