Page 3 - Home Assignment

c) Both

d) None of the Balance

10. The credit balance of a personal account is...

a) cash in hand

b) amount receivable

c) income earned

d) amount payable

11. Which items shows a debit balance in the Trial Balance:

a) Purchase return

b) salary outstanding

c) sales

d) prepaid expenses

12. Which item shows a credit balance in the Trial Balance:

a) sales returns

b) commission paid

c) purchase returns

d) salary

13. Which of the following account with normal balance is shown at

the debit side of a trial balance?

A) Creditors account

B) Unearned income account

C) Rent income account

D) Bank account