Double entry book keeping

The left hand side of an account is called the

• Debit side

• Credit side

In the analysed cash book, expenses are recorded on

• the Debit side

• the Credit side

Which side of the Analysed Cash book would you record 'Capital invested' on?

• Debit

• Credit

Money paid for insurance would be recorded in the Analysed Cash Book on the

• Debit side

• Credit side

The rule for posting to the ledgers from the Analysed Cash Book

• Debit side in the ACB goes on the Debit side in the ledger

• Debit side in the ACB goes on the Credit side in the ledger

When posting from the ledger to the Trial Balance, a debit Balance b/d goes in

• the debit column in the trial balance

• the credit column in the trial balance