O-LevelAccountingThe fundamentals of accounting7707/12 · Oct/Nov 2024 · Q71 Mark

Which items appear on the debit side of a trial balance? 1 amounts owed from credit customers 2 discount received from credit suppliers 3 drawings made by the owner 4 overdrawn balance at the bank

A1 and 2

B1 and 3

C2 and 4

D3 and 4

✓ Correct answer

B: 1 and 3

Practise more questions on this topic

Oracle Prep sorts past-paper questions by topic, so you can drill The fundamentals of accounting and see which topics are most likely to come up next.

About this question

Topic: The fundamentals of accounting, O-Level Accounting (syllabus 7707). Multiple choice, 1 mark.
Source: O-Level Accounting, Oct/Nov 2024 Paper 1 Variant 2, question 7.

Questions and mark schemes are from past examination papers and remain the copyright of the exam board. How Oracle Prep builds its content

Which items appear on the debit side of a trial balance? 1 amounts owed from credit customers 2 discount received from credit suppliers 3 drawings made by the owner 4 overdrawn balance at the bank

✓ Correct answer

Practise more questions on this topic

About this question

Related Accounting questions