A. Credit balance
B. Debit balance
C. Cash balance
D. Neither debit nor credit balance
Related Mcqs:
- The normal balance of liability account is____________??
- The normal balance of capital account is_____________??
- Which of the following is the normal balance of a rent expense account??
- If debit balance is greater than creadit balance then the account blance will be__________??
- Favorable balance of cash book implies that?
- Favorable balance of bank statement implies that?
- Debit side of Bank Pass book corresponds to___________??
- Which of the following account with normal balance is shown at the debit side of a trial balance??
- A few errors committed in Ahhiwalia’s books of account are given below. State which errors would affect the Trial Balance.?
- Which of the following statements is incorrect regarding capital account??
