Debit is the asset means
A) Increase
B) Decrease
C) No charg
Correct Answer:
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Q84: Capital account is _ account
A)Personal
B)Real
C)Nomina
Q85: Old furniture sold should be credited to
Q86: When salary paid by cheque ,_account is
Q87: A statement of debt & credit balance
Q88: A collection of all accounts is a
Q90: Credit in the liability means
A)Increase
B)Decrease
C)No charg
Q91: Capital always have a _balance
A)Debit
B)Credit
C)Either a or
Q92: A short description of every transaction made
Q93: Capital expenditure are recorded in the _
A)Balance
Q94: Bills receivable is a _
A)Tangible asset
B)Fixed asset
C)Current
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