Question

Q.4. Which of the following accounts always shows a debit balance:
(a) Capital Account
(b) Sales Account
(c) Purchase Return Account
(d) None of the above​

Answer 1

Answer:

sales account always shows a debit balance

Explanation:

I hope this was helpful.....

Answer 2

(d) None of the above accounts always show a debit balance.

Explanation:

• The capital account always shows a credit balance.
• A sales account shows income for the business, reflects the amount of revenue earned by the sale of goods/services of a business.
• So, according to the rule of accounting, all incomes are to be credited and all expenses are to be debited.
• Therefore, a sale account always show credit balance.
• As, Purchases have debit balance and purchase return have credit balance.
• All of the above shows a credit balance in most of the cases.
• Hence, the correct answer among all the options is option (d) None of the above.

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