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A debit balance of N1 000 in cash account means... - WAEC Accounting 2005 Question

A debit balance of N1,000 in cash account means that
A
cash in hand is N1,000
B
cash has been overspent by N1,000
C
total cash paid out is N1,000
D
total cash received was less by N1,000
correct option: a
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