The correct posting in a double entry system of account w...
The correct posting in a double entry system of account when there is an increase in double assets, expenses, capital or liabilities is to debit
Capital and debit liabilities
Liabilities and credit assets
Assets and credit capital
Capital and credit assets
Correct answer is C
No explanation has been provided for this answer.
Profit distributed to ordinary shareholders of a limited liability company is ...
Recognition of profit when goods are sold and the buyer takes ownership of them is in line with ...
Which of the following is no part of prime cost of production? ...
Which of the following is not a subsidiary book? ...
An overdraft is usually shown as a ...
The amount of subscriptions accrued is reported in the balance sheet under? ...
Which of the following relates to the essence of partnership? To ...
N Direct material used--------...
The trader's capital in a single entry system is ascertained by preparing ...