menu-iconExamlexExamLexServices

Discover

Ask a Question
  1. All Topics
  2. Topic
    Business
  3. Study Set
    Financial Accounting
  4. Exam
    Exam 30: Ac Types, Balances, and Entries
  5. Question
    The Type of A/c with a Named Credit Balance Is-
Solved

The Type of A/c with a Named Credit Balance Is-

Question 7

Question 7

Multiple Choice

The type of A/c with a named credit balance is-


A) Expenses A/c .
B) Assets A/c .
C) Revenue A/c .
D) Suspense A/c

Correct Answer:

verifed

Verified

Unlock this answer now
Get Access to more Verified Answers free of charge

Related Questions

Q2: Total depreciation of an asset cannot exceed

Q3: In an account if debit side >

Q4: Overcasting of purchases journal would affect<br>A)Sales account

Q5: Which of the following is the example

Q6: The amount payable to a person as

Q8: Opening entries are generally passed through-<br>A)General Journal

Q9: Which of the following assets is/are to

Q10: Legacy are generally-<br>A)Capitalized .<br>B)Treated Loss .<br>C)Revenue Expenses

Q11: When the benefits of revenue expenditure is

Q12: Interest Account will have-<br>A)Debit balance only .<br>B)Credit

Examlex

ExamLex

About UsContact UsPerks CenterHomeschoolingTest Prep

Work With Us

Campus RepresentativeInfluencers

Links

FaqPricingChrome Extension

Download The App

Get App StoreGet Google Play

Policies

Privacy PolicyTerms of ServiceHonor CodeCommunity Guidelines

Scan To Download

qr-code

Copyright © (2025) ExamLex LLC.

Privacy PolicyTerms Of ServiceHonor CodeCommunity Guidelines