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When a company incurs a cash expense, the balance in the cash account ______. Multiple choice question.

Sagot :

The balance in the cash account decreases, when a company incurs a cash expense.

What is cash expense?

In cash basis accounting, cash expense refers to the recording of expenses as they are paid directly in cash.

  • Cash expense is recorded as the total costs less (minus) depreciation.

When a company incurs a cash expense, the balance in the cash account decreases, and the balance in the expense account increases.

Learn more about cash expenses here:

https://brainly.com/question/25530648

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