Accountancy, asked by maniragavan, 8 months ago

wheather bank loan and bank loan interest os to be debited or cresites in trial balance?

Answers

Answered by AttitudeGirlLoveS143

Explanation:

DThe 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

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