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Questions -

1. What type of account is Cash? Your choices are asset, contra asset, liability, stockholder's equity, contra stockholder's equity, revenue, or expense.

2. What is the normal balance of Cash? Your choices are Debit or Credit.

3. Which financial statement does Cash appear on? Your choices are Income Statement, Statement of Retained Earnings, or Balance Sheet.

Accounting Basics, Accounting

  • Category:- Accounting Basics
  • Reference No.:- M92806304
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