Which of the following is expected to have a credit balance?
A) Trade payables
B) Trade receivables
C) Rent
D) Inventory
Correct Answer:
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Q5: Which of the following statements about double-entry
Q6: What would be the balance of the
Q7: A creditor account of £10,500 represents:
A) An
Q8: Sales made on credit are shown on
Q9: Which of the following is expected to
Q11: In general,a sales account has a credit
Q12: P.Rudd company received and paid an electricity
Q13: Which of the following accounts would be
Q14: In general,an asset account has a debit
Q15: Which of the following statements is correct?
A)
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