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13y ago

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What is a bank balance?

A bank balance is the amount by which a current account is in credit or deficit.


What is the normal balance of an account in the accounts payable subsidiary ledger?

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Why is cash a credit in accounting?

Cash is "not" a credit in accounting. The cash account is an asset and is a debit balance account. To increase the cash account you debit the account and to decrease it you credit it.Cash = Current Asset = Debit Balance(GAAP)


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When does accounts receivable have a credit balance?

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Is a Credit balance in vendor subsidiary account is an unpaid balance?

Is a credit balance in a vendor subsidiary account an unpaid balance owed?


Is a credit balance in a vendor subsidiary account an unpaid balance owed?

Is a credit balance in a vendor subsidiary account an unpaid balance owed?


Is a credit balance in a vendor subsidiary account is an unpaid balance owed?

Is a credit balance in a vendor subsidiary account an unpaid balance owed?


Is a credit balance in a vendor subsidiary account is an unpaid balance owed.?

Is a credit balance in a vendor subsidiary account an unpaid balance owed?