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Which of the following statements is not true?
Question 1
Report
Which of the following statements is not true?
a trial balance is an account having debit and credit sides
expenses, losses and assets have debit balances
revenues, gains and liabilities have credit balances
a trial balance is a list of balances extracted from ledger accounts
Answer Details
Read lesson note on Ethics In Accounting (JAMB)
Read lesson note on The Accounting Equation And Double Entry Principle (WAEC)
Read lesson note on Principles Of Double Entry (JAMB)
Ethics In Accounting
The Accounting Equation And Double Entry Principle
Principles Of Double Entry
View Answer