Credit balance of a personal account shows: (a) Accounts Receivable (b) Accounts Payable (c) Income (d) Provision

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Credit balance of a personal account shows:
(a) Accounts Receivable
(b) Accounts Payable
(c) Income
(d) Provision

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Financial Accounting For Management

ISBN: 9789385965661

4th Edition

Authors: Neelakantan Ramachandran, Ram Kumar Kakani

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Question Posted: Aug 26, 2023 03:42 AM

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Credit balance of a personal account shows: (a) Accounts Receivable (b) Accounts Payable (c) Income (d) Provision

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b Accounts Payable A credit balance in a personal account typic...View the full answer

Financial Accounting For Management

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