Which side?
Exercise and reference answers
- Questions
- Question
- Furniture owned by the firm
- Choices
- Debit
- Credit
- Neither
- Correct choice
- Debit
- Question
- Amount owed to a supplier
- Choices
- Debit
- Credit
- Neither
- Correct choice
- Credit
- Question
- Salaries paid to staff
- Choices
- Credit
- Debit
- Neither
- Correct choice
- Debit
- Question
- Sales made during the year
- Choices
- Debit
- Neither
- Credit
- Correct choice
- Credit
- Instructions
- Tap the side each account sits on.
Explanation
_Source: syllabus Accountancy, Ch 6 'Trial Balance and Rectification of Errors'_
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