In the trial balance the balance on the Provision for Depreciation Account is (A) Shown as a
Question:
In the trial balance the balance on the Provision for Depreciation Account is
(A) Shown as a credit item
(B) Not shown, as it is part of depreciation
(C) Shown as a debit item
(D) Sometimes shown as a credit, sometimes as a debit.
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The correct answer is A Shown as a credit item In the trial balance the balance on the Provision for ...View the full answer
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Related Book For 
Frank Woods Business Accounting Volume 1
ISBN: 9780273681496
10th Edition
Authors: Frank Wood, Alan Sangster
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