N5 Accounting - Trial Balance

Expenses are on the debit side

• True

• False

Equity goes on the debit side

• True

• False

Sales Revenue goes on the debit side

• True

• False

Carriage In and Out go on the debit side

• True

• False

Drawings go on the debit side

• True

• False

Purchases Returns go on the debit side

• True

• False

Purchases of Inventory go on the debit side

• True

• False

Provision for Doubtful Debts go on the credit side

• True

• False

Cash goes on the debit side

• True

• False

Trade Receivables goes on the credit side

• True

• False