Posted by: Pdfprep
Post Date: May 2, 2021
The double entry system underpins all accounting records
Which of the following combinations represent debit balances?
A . Property, plant & equipment, research & development, bank overdraft & expenses
B . Receivables, accruals, share capital & expenses
C . Drawings, prepayments, receivables & bad debts
D . Bad debts, property, plant & equipment, accruals & receivables
Answer: C
Leave a Reply