Which of the following statements is not true - WAEC Accounting 2007 Question
Which of the following statements is not true?
A
a trial balance is an account having debit and credit sides
B
expenses, losses and assets have debit balances
C
revenues, gains and liabilities have credit balances
D
a trial balance is a list of balances extracted from ledger accounts
Ask EduPadi AI for a Detailed Answer
Correct Option: A
Please share this, thanks:
#WAEC #WAEC
Add your answer
No responses