Accountancy, asked by rutujay270, 3 months ago

loan from bank in trial balance​

Answers

Answered by itzpinkglitter
6

The total debits in the trial balance ($500) equal the total credits ($500), as they should. ... The accounts carrying a debit balance are: Bank Account, Bank Loan, Interest Expense, and Office Supplies Expense. The Owner Equity account is the only account carrying a credit balance.........

Hope it helps u dear.......

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