what balance have the Assets A/C
Answers
Answered by
2
Answer:
Assets and expenses have natural debit balances. This means positive values for assets and expenses are debited and negative balances are credited.
Answered by
4
Answer:
Assets and expenses have natural debit balances. This means positive values for assets and expenses are debited and negative balances are credited. For example, upon the receipt of $1,000 cash, a journal entry would include a debit of $1,000 to the cash account in the balance sheet, because cash is increasing
Explanation:
Similar questions