Page 4 - HA
P. 4
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_______