Which of the following account balance will be shown on debit side of Trial Balance?
A. Outstanding expenses
B. Cash a/c
C. Short-term loan
D. Creditors
Answer: Option B
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Related Questions on Miscellaneous in Commerce
A. Expenditure for the business
B. Cost for the business
C. Gain for the business
D. None of the above
Which of these items would be accounted for as an expense?
A. Repayment of bank loan
B. Dividend to stock holders
C. The purchase of land
D. Payment of current period rent
Debit the receiver credit the giver rule for:
A. Real a/c
B. Personal a/c
C. Nominal a/c
D. None of these
Right answer option B
Right answer is cash