L.1970
2. Drawings account is:
A. Personal Account B. Real Account
C. Nominal Account D. None of the above.
3. The debit balance of Personal account indicates:
A. Amount payable
B.Amount receivable
C.Cash in hand
D. Bills receivable
4. The debit balance ofbank account indicates :
A.Amount payable to the bank.
B. Loan given by the bank.
C.Cash balance in bank.
D. None of these
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Answer:
answers are;
1.A
2.C
3.D
4.A
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