On what side of the Trial Balance would we expect to find sales?

27.01.25 Trial Balance

Quiz
•
Professional Development
•
Professional Development
•
Easy
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8 questions
Show all answers
1.
MULTIPLE CHOICE QUESTION
1 min • 1 pt
Debit
Credit
2.
MULTIPLE CHOICE QUESTION
1 min • 1 pt
On what side of the Trial Balance would we expect to find purchases?
Debit
Credit
3.
MULTIPLE CHOICE QUESTION
1 min • 1 pt
On what side of the Trial Balance would we expect to find capital?
Debit
Credit
4.
MULTIPLE CHOICE QUESTION
1 min • 1 pt
On what side of the Trial Balance would we expect to find Drawings?
Debit
Credit
5.
MULTIPLE CHOICE QUESTION
1 min • 1 pt
On what side of the Trial Balance would we expect to find Receivables Ledger Control Account?
Debit
Credit
6.
MULTIPLE CHOICE QUESTION
1 min • 1 pt
On what side of the Trial Balance would we expect to find Payables Ledger Control Account?
Debit
Credit
7.
MULTIPLE CHOICE QUESTION
1 min • 1 pt
On what side of the Trial Balance would we expect to find Discounts Allowed?
Debit
Credit
8.
MULTIPLE CHOICE QUESTION
1 min • 1 pt
On what side of the Trial Balance would we expect to find Discounts Received?
Debit
Credit
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