Cash book Accounting

Accounting Quiz: Cash Book / Ledger AccountsFeel free to reply & participate in the Accounting Quiz Activity….

Cash book Quiz Question:

The Cash Account has Debits Totaling $1,000 and Credits totaling $900, what will be the cash account balance?

A) $100 Cr.

B) $100 Dr.

C) $1,000 Dr.

D) $1,000 Cr.

Cash book Quiz Answer:

The net difference of both debit & credit totals amount to $100 Dr. balance in the cash account ledger.

So the correct answer of this accounting quiz is B) $100 Dr.

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