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Discussion Board for a Question on Quiz: Accounting (WAEC 2000)

Accounting (WAEC 2000)

50 Questions · Public · Objective · Quiz suitable for all ages

7 Click Here To Discuss Question

An account is said to have a debit balance because

Select 1 Option (1 Mks)

the first entry made in it is on its debit side
there aer more entries on the debit side than on the credit side
total value of debit entries is more than total value of credit entries
there is no entry at all on the dbit side

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question_answer Discussion Board for a Question on Quiz: Accounting (WAEC 2000)

Discussion Board for a Question on Quiz: Accounting (WAEC 2000)