Cash a/c queries

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Querist : Anonymous

Querist : Anonymous (Querist)

09 February 2013 Is the cash a/c is always debited,so debited what the reason of cash a/c debited

CA Himanshu Kansal

CA Himanshu Kansal (Expert)
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09 February 2013 Always remember the golder rules of accounting. Nature of cash account is real account therefore the rule of real account is "What comes in should be Debited and what goes out should be credited", therefore as per the situation, the cash account should be debited or credited.