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O-LevelAccountingThe fundamentals of accounting7707/12 · May/June 2017 · Q71 Mark

Which accounts all have debit balances?

Acapital, insurance, purchases
Bdrawings, sales, purchases returns
Cinventory, motor vehicles, cash
Drent received, drawings, wages

✓ Correct answer

C: inventory, motor vehicles, cash

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About this question

Topic
The fundamentals of accounting, O-Level Accounting (syllabus 7707). Multiple choice, 1 mark.
Source
O-Level Accounting, May/June 2017 Paper 1 Variant 2, question 7.

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