All of the following have debit balance except one. That account is ………

Related MCQs

• All of the following have debit balance except:
• In case of debit balance , the words …………. are written on the debit side.
• Which balance is not considered for closing entries on t he basis of trial balance for transferring to Trading and Profit & Loss Account?
• When preparing a bank reconciliation statement, if you start with debit balance as per cash book cheques sent to bank but not collected should be
• Difference of totals of both debit and credit side of the trial balance is transferred to:
• ……………………… will generally show a debit balance.
• Select correct journal entry to rectify an error “An amount of 10,000, withdrawn by owner for personal use debited to Trade Expenses Account”. Debit Credit
• If two or more transactions of the same nature are journalize together having either the debit or credit account common is known as:
• Which of the following account will have credit balance?
• Which of the following account will have credit balance?