Which of the following account with normal balance is shown at the debit side of a trial balance?
Accountancy

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Other
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University
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Hard
Medhansh Pandey
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15 questions
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1.
MULTIPLE CHOICE QUESTION
20 sec • 1 pt
Creditors Account
Sales A/c
Rent Income Account
Cash Account
2.
MULTIPLE CHOICE QUESTION
20 sec • 1 pt
In trial Balance, which account with normal balance is recorded in the credit side?
Bank Account
Equipment Account
Cash Account
Accrued Expenses Account
3.
MULTIPLE CHOICE QUESTION
20 sec • 1 pt
What does a credit balance in the cash account on the trial balance indicate?
Cash is Overdrawn
Cash is a liability
Cash is an asset
Cash is an expense
4.
MULTIPLE CHOICE QUESTION
20 sec • 1 pt
If the trial balance does not balance, what could be the potential error?
All debit entries were posted as credit
All transactions were recorded accurately
Only revenue accounts were included
Entry was omitted in both journal and ledger
5.
MULTIPLE CHOICE QUESTION
20 sec • 1 pt
Which of the following account with a normal balance is shown at the credit side of a trial balance?
Bank
Equipment
Cash
Unpaid Expenses
6.
MULTIPLE CHOICE QUESTION
20 sec • 1 pt
X sold goods of Rs. 100 at a trade discount of 20% and received 50% cash, giving 10% cash discount, how much cash will he earn?
36
72
80
40
7.
MULTIPLE CHOICE QUESTION
20 sec • 1 pt
The salary paid to a clerk Ramesh should be credited to?
Salary A/C
Ramesh A/C
Cash A/C
P/L A/C
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