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QUESTION 28 All statement are limitations of trial balance Except: a the purchase of Supplies on account is debited to Supplies and credited to Cash

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QUESTION 28 All statement are limitations of trial balance Except: a the purchase of Supplies on account is debited to Supplies and credited to Cash OMR 650 collected from customer, is debited to cash for OMR650 and credited to account receivable for OMR650, 06 oc OMR 100 cash drawing by the owner is debited to Owner's Drawings for OMR 1.000 and credited to Cash for OMR 100 Od transaction is not joumalized

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