Start learning →

Owner's drawings appear in a trial balance as a

AA credit balance
BA credit in capital
CA debit balance
DAn asset balance
Answer & Solution
Correct answer: C. A debit balance
Drawings reduce equity, so the account is reversed against capital and shows a debit balance.
Practise this question with Quill — CA Foundation →

Keep practising Trial Balance

Browse all Trial Balance questions for CA Foundation, or explore more Accounting topics.

Start a Trial Balance lesson →
Related questions