In trial balance, income and liabilities are
...In trial balance, income and liabilities are
Credited
Credited and debited respectively
Debited and credited respectively
Debited
Correct answer is A
No explanation has been provided for this answer.
To realize an asset means to ...
\(\begin{array}{c|c} & \text{1st Jan.} & \text{31st Dec.} \\ & ₦ & ₦ \\ creditor...
Subscription in advance is treated in the balance sheet as a ...
Use the following information to answer the given question \(\begin{array}{c|c} & N \\ \hli...
A quality of accounting information is that it should be ...
An item credited in the bank statement but yet to be recorded in the firm's cash book is ...
The double entry for increasing provision for bad debt is debit ...
A charitable club has the following figures: N Subscriptions received in 1991 2 800 Subscr...