Which of the following has a debit balance at the end of ...
Which of the following has a debit balance at the end of the year?
Rates prepaid account
Bank loan account
Income received in advance account
Ordinary share capital account
Correct answer is A
No explanation has been provided for this answer.
\(\begin{array}{c|c} & N \\ \hline \text{Sales} & 14,600 \\ \text{Purchases} & 5,500 \\ ...
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