1. By convention, the right-hand side of a T-account is called (a) Debt side (b) Cash side (c) Debit side (d) Credit side (e) None of these 2. In terms of debit and credit, expenses accounts function...

1. By convention, the right-hand side of a T-account is called (a) Debt side (b) Cash side (c) Debit side (d) Credit side (e) None of these

2. In terms of debit and credit, expenses accounts function in a similar way to (a) Liabilities accounts (b) Assets accounts (c) Shareholders’ equity accounts (d) Revenues accounts




May 26, 2022
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