Question

Credit balance in which of these A/c indicates error in the A/c

• A. Cash in hand A/c
• B. Sales A/c
• C. Capital A/c
• D. Bank A/c

Answer 1

The correct option is A Cash in hand A/c

Cash in hand can be zero or positive but there can never be cash balance therefore, if cash balance is credit then there must be some mistake in that account.