Page 4 - Home Assignment

15.while balancing the account, the balance of an account is recorded on the side

which is -

(a) Shorter

(b) Higher
(c) Equal

(d) None

16. Cash account will show which balance?

(a) Debit

(b) credit
(c) None

(D) Both

17.Assets accounts have _____balances, while liabilities accounts

have_____balances.

18. The difference between the 2 sides of an account is known as_______