Provision for account on creditors has a _________________balance
A) Debit
B) Credit
C) None of thes
Correct Answer:
Verified
Q62: Goods taken by the proprietor for personal
Q63: Asset that can be converted into cash
Q64: Balance sheet is prepared for a _
A)Period
B)On
Q65: Income received in advance is an _
A)Asset
B)Liability
C)Expense
Q66: If goods are destroyed by fire ,
Q68: Income earned but not received to known
Q69: Prepaid expense is _ to the business
A)Asset
B)Liability
C)Expense
Q70: Withdrawing more amount from bank than the
Q71: Income of overdraft, pass book will show
Q72: Cash book shows _balance when there is
Unlock this Answer For Free Now!
View this answer and more for free by performing one of the following actions
Scan the QR code to install the App and get 2 free unlocks
Unlock quizzes for free by uploading documents