Q18.
You are given a number of accounts below. State nature of account involved
and state whether the increase in them would be debited or credited:
(i)Carriage
(ii)Machinery
(iii)Sales
(iv)Cash
(v)Ram(Customer)
(vi)Sales Return
(vii) Purchases
(viii)Rent
(ix)Discount Allowed
(x)Capital
(xi)repairs
Answers
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Answer:
Debit
Debit
Credit
Debit
Debit
Debit
Credit
Credit
Credit
Credit
Explanation:
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