2
Question
The debit balance in the bank account is a/an _________.
The debit balance in the bank account is a/an _________.
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Solution
The correct option is C Asset
Bank Balance lying in bank is as good as cash. Its part of current assets and to be shown in Balance Sheet.Balance lying in a bank account is an asset and to be shown in balance sheet.
Bank Balance lying in bank is as good as cash. Its part of current assets and to be shown in Balance Sheet.
Balance lying in a bank account is an asset and to be shown in balance sheet.Suggest Corrections
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