Bad debts is a ______ account.
Personal
Real
Nominal
None of the above
Based on accounting equation increase in expenses are _______.
Debit
Credit
Both a & b
Outstanding expenses Account is ______.
Debited
Credited
Interest charged on drawings. Find out which account will be credited
Drawings A/c
Interest on drawing A/c
Cash A/c
Bank A/c
Which discount induce the debtor for prompt payment ?
Trade discount
Cash discount
Received commission from this transaction which account will be debited ?
Commission A/c
Receipt A/c
