Cash column of the cash book will always have a debit balance. Why ?
Cash column of cash book will always have a debit balance because actual cash payments cannot be more than the actual cash in hand.
Bank column of the cash book can have credit balance . Why ?
When bank column of a cash book shows a debit balance, what does it mean?
A debit balance in bank column of cash book is always equal to the credit balance in the account of Mr. X in the books of bank.