1 What would have been the balance on the account of C De Freitas in MC17 on 19 May 2008? (A) A debit balance of £265 (B) A credit balance of £95 (C) A credit balance of £445 (D) A credit balance of...

1

What would have been the balance on the account of C De Freitas in MC17 on 19 May

2008?

(A) A debit balance of £265

(B) A credit balance of £95

(C) A credit balance of £445

(D) A credit balance of £265

2

Which of the following best describes a trial balance?

(A) Shows the financial position of a business

(B) It is a special account

(C) Shows all the entries in the books

(D) It is a list of balances on the books