A cash book serves the purpose of both the journal and ledger, whereas a cash account is structured like a ledger. Details or narration about the source or use of funds are required in a cash book ...

General ledger accounts are set up in what's called the T-account format. In the cash account, revenue is on one side of the T, expense on the other, with entries in chronological order down the ...

It doesn't, any more than a credit means you've made money. In many accounts, a debit balance is a positive thing. For example, Accounting Coach says, suppose you have $8,000 in your Cash account.