A)
Fill in the blanks with appropriate word.
1) Return outward appearing in Trial balance is deducted from
ii) Wages appearing in Trial balance are shown on
side of
Trading A/C.
iii) Drawings are deducted from
iv) Balance sheet is a lot of assets and
v) Discount which is allowed or received while making payment is
Discount
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Answer:
Purchase a/c
Wages show in debit side
Drawing is deducted from capital a/c
Liabilities
Discount allowed. Is showed in debit side ,or discount received is showed in creditors side
Explanation:
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