Use the following information to answer the given questio...
Use the following information to answer the given question:
SALES LEDGER CONTROL ACCOUNT
1986N1986NJan.1Balance b/d1,300Jan.1Balance b/d8631sales7,630bank6,555dishonoured cheques250discount345stopped cheques100returns130balance c/d92Purchases ledger360balance c/d1,8969,3729,372Feb.1balance b/d1,896Feb.1balance b/d92
The balance of the provision for depreciation account is shown in the
Trial balance as a debit
Trial balance as a credit
Balance sheet as a fixed asset
Balance sheet as a ling term liability
Balance sheet as a current liability
Correct answer is E
No explanation has been provided for this answer.
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