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    Business
  3. Study Set
    Financial Accounting
  4. Exam
    Exam 7: Internal Control and Cash
  5. Question
    When the Cash Account Has a Credit Balance in the General
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When the Cash Account Has a Credit Balance in the General

Question 41

Question 41

True/False

When the cash account has a credit balance in the general ledger, it is reported as a non-current liability.

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