Accountancy, asked by biswas56, 2 months ago

in trial balance fixed assets is debit or credit?

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Answered by awasthimansi297

Answer:

Trial Balance is a list of closing balances of ledger accounts on a certain date and is the first step towards the preparation of financial statements. ... Asset and expense accounts appear on the debit side of the trial balance whereas liabilities, capital and income accounts appear on the credit side.

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