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  • Which of the following balances appears on the debit side...
Multiple choice

Which of the following balances appears on the debit side of trial balance?

  1. Income

  2. Liability

  3. Asset

  4. Capital

Reveal answer Fill a bubble to check yourself
C Correct answer
Explanation

Assets always show debit balance. So these appear on debit side. Incomes, liabilities, capital accounts are credited in the trial balance.

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