The total of debit side of cash account is Rs.2,50,000 and the total of credit side is Rs.1,50,000. The closing balance of cash account is .

Rs.1,00,000

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Rs.1,50,000

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Rs.2,50,000

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Rs.4,00,000

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Solution

The correct option is A Rs.1,00,000
The closing balance of cash account is nothing but the difference in totals of debit and credit. So the balance of cash account is Rs. 1,00,000 (2,50,000-1,50,000) which is a debit balance as the total of the debit side is greater than the total of credit side.

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The total of debit side of cash account is Rs.2,50,000 and the total of credit side is Rs.1,50,000. The closing balance of cash account is .

The correct option is A Rs.1,00,000The closing balance of cash account is nothing but the difference in totals of debit and credit. So the balance of cash account is Rs. 1,00,000 (2,50,000-1,50,000) which is a debit balance as the total of the debit side is greater than the total of credit side.

The correct option is A Rs.1,00,000
The closing balance of cash account is nothing but the difference in totals of debit and credit. So the balance of cash account is Rs. 1,00,000 (2,50,000-1,50,000) which is a debit balance as the total of the debit side is greater than the total of credit side.