Multiple Choice
Match the items by choosing the appropriate code letter :
-The side which increases an asset account.
A) Account
B) Debit
C) Credit
D) Revenue account
E) Ledger
F) Journal
G) Posting
H) Chart of accounts
I) Trial balance
J) Source document
Correct Answer:

Verified
Correct Answer:
Verified
Q6: For each item below, indicate whether a
Q7: For each of the following accounts indicate:
Q8: During an accounting period, a business has
Q9: Some of the following errors would cause
Q10: Journalise the following business transactions in general
Q12: Under a double-entry accounting system, show how
Q13: During an accounting period, a business has
Q14: For each item , indicate whether a
Q15: For each of the following accounts indicate:
Q16: Journalise the following business transactions in general