Which of the following statements is not true?
...Which of the following statements is not true?
A trial balance is an account having debit and credit sides
Expenses, losses and assets have debit balances
Revenues, gains and liabilities have credit balances
A trial balance is a list of balances extracted from ledger accounts
Correct answer is A
No explanation has been provided for this answer.
Dr. Sales Ledger Control Account . Cr ₦ ₦ ...
Determine the bank balance ...
In a three-column cash book,the discount allowed is shown on the? ...
The effect of the payment of liability is that it ...
Which of the following date lines is correct for a profit and loss account? ...
The sales day Book is used to record ...
Recurrent expenditure of government is paid from ...
Which of the following is capital expenditure? ...
(i) Meet growth and diversification need. (ii) Reach out to particular customers or markets ...