An account records the ____ in the balance of an item?
Correct answer C. Increase or decrease
Tip: press A, B, C or D to answer, and N for the next question.
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More Ledger questions
See allIf credit side of a bank account is greater than the debit side, it indicates which of the following?
Correct answer A. Bank overdraft
If debit side of a bank account is greater than credit side it indicates which of the following?
Correct answer A. Cash at bank
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____ will be credited if goods are given as charity?
Correct answer C. Purchases
Which of the following is known as the base for preparing trial balance?
Correct answer C. Ledger account
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