Tag: balancing the accounts
Questions Related to balancing the accounts
The debit balance of a cash account shows ______________.
A cheque of Rs. 2,345 issued by Miss Meena was recorded in deposit column as Rs. 2,435. To ascertain the balance as per Cash Book of Miss Meena ____________________________.
A bills receivable of Rs $10,000$ which was received from a debtor in full settlement for a claim will be recorded in ______________.
It is easy to transmit the shares in case of D'mat form.
When Accounts in the ledger are balanced ?
Capital Account shows _____________.
Purchases accounts always shows __________ balance.
Sales account always shows _________ balance.
Total of all debit balance must be _____________ to the total of all credit balances.
Debtors Account shows _________ balance.