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what will come under debit and credit side in trial balance
please give me answer
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Answer / janvi sangle
in debit side : fixed asset, current asset, purchase.
in credit side: share capital, loan, liability, sales
| Is This Answer Correct ? | 373 Yes | 30 No |
Answer / ballaamar
debit side comes in Purchases, credit side comes in sales
| Is This Answer Correct ? | 287 Yes | 27 No |
Answer / genius
Debit side of trial balance include- opening stock, Purchase, Sales return, Depreciation, All expenses(discount Allowed/Interest paid, Bad debts, insurance premium....etc.), All assets including cash,bank,debtors..etc. i.e. All assets, expenses& losses, Drawing, Prepaid expenses.
Credit side of trial balance include- Sales, Purchase Return, All Income (Discount received/ interest Received...etc),All Liabilities including capital, creditors, Bank overdraft,loan's..etc. i.e. All liabilities, Incomes & Gains,Outstanding Expenses, Capital..etc.
| Is This Answer Correct ? | 253 Yes | 24 No |
Answer / a.baljee rao
Trial balance debit side:-Assets.Expences,losses Etc
Trial balance Creditside:-Liabilities,Income,Gains Etc
| Is This Answer Correct ? | 223 Yes | 29 No |
Answer / vivek
debit side comes all
asset, expense and drawings
credit side comes all
liabilities, income and
capital
| Is This Answer Correct ? | 158 Yes | 14 No |
Answer / preeti sharma
Debit Side:- Assets
Credit Side:- Liabilities
Debit Side:-Losses & Expenses
Credit Side:-Incomes & gains
| Is This Answer Correct ? | 127 Yes | 8 No |
Answer / waseem
1.Accounts dealing with assets,expenses and losses will show in debit side of trial balance.
2.Accounts dealing with liabilities income and gain will show in credit side of trial balance.
| Is This Answer Correct ? | 62 Yes | 4 No |
Answer / pavani
in debit side of trial balance.... all expenses, losses and
all assets
in credit side of trial balance...... all incomes. profits
and all liabilities
| Is This Answer Correct ? | 45 Yes | 3 No |
Answer / l.gomathi
purchase, sales return, stock, all asset, expenses for all
business, bad debts , interest, carriage inward, carriage
outwardbank charges etc is shown debit side
sales,purchase return, reserve fund , general fund, income
received for business shown credit side
| Is This Answer Correct ? | 48 Yes | 8 No |
Answer / chirag
purchase,sales return,stock,drawing,all assets,real expenses are comes in debit side
all liabilities and income comes in credit side.
| Is This Answer Correct ? | 14 Yes | 1 No |
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