Accounting · EPFO APFC · Question 16 of 30

Accounting – Question 16

Step-by-step solution. Accounting for EPFO APFC.

Topic
Accounting
Subject
General Studies
Difficulty
Medium
Solve Time
45–60 sec

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Q · AccountingMedium · 45s

Which of the following accounts always shows a debit balance?

TopicAccounting
Question Typemultiple choice
DifficultyMedium
Marking+1 / −0.25
Test Duration30 min

Step-by-Step Solution

The complete worked solution.

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Cash can never be negative in books. Overdraft appears separately.

Final Answer: Option B — Cash Account
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Accounting Question 16 – EPFO APFC