Which of the following accounts always shows a debit balance :
(a) Capital Account
(6) Sales Account
(C) Purchases Return Account
(d) None of the above
Answers
Answered by
15
Explanation:
Assets, expenses, losses, and the owner's drawing account will normally have debit balances. Their balances will increase with a debit entry, and will decrease with a credit entry. Liabilities, revenues and sales, gains, and owner equity and stockholders' equity accounts normally have credit balances.
Answered by
3
Answer:
sales acc always shows a debit balance
Similar questions