27.01.25 Trial Balance

27.01.25 Trial Balance

Professional Development

8 Qs

quiz-placeholder

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27.01.25 Trial Balance

27.01.25 Trial Balance

Assessment

Quiz

Professional Development

Professional Development

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8 questions

Show all answers

1.

MULTIPLE CHOICE QUESTION

1 min • 1 pt

On what side of the Trial Balance would we expect to find sales?

Debit

Credit

2.

MULTIPLE CHOICE QUESTION

1 min • 1 pt

On what side of the Trial Balance would we expect to find purchases?

Debit

Credit

3.

MULTIPLE CHOICE QUESTION

1 min • 1 pt

On what side of the Trial Balance would we expect to find capital?

Debit

Credit

4.

MULTIPLE CHOICE QUESTION

1 min • 1 pt

On what side of the Trial Balance would we expect to find Drawings?

Debit

Credit

5.

MULTIPLE CHOICE QUESTION

1 min • 1 pt

On what side of the Trial Balance would we expect to find Receivables Ledger Control Account?

Debit

Credit

6.

MULTIPLE CHOICE QUESTION

1 min • 1 pt

On what side of the Trial Balance would we expect to find Payables Ledger Control Account?

Debit

Credit

7.

MULTIPLE CHOICE QUESTION

1 min • 1 pt

On what side of the Trial Balance would we expect to find Discounts Allowed?

Debit

Credit

8.

MULTIPLE CHOICE QUESTION

1 min • 1 pt

On what side of the Trial Balance would we expect to find Discounts Received?

Debit

Credit

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