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Question

Excess of total of debit side of cash book over credit side of cash book shows....

A
Excess of income over expenditure
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B
Cash in hand
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C
Discrepancy in cash book
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D
Cheques awaiting clearance by bank
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Solution

The correct option is B Cash in hand
When there is excess balance in the debit side of the cash book then it stated that there is cash in hand.

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