Which of the following is the closing balance of a ledger account?

Related Mcqs:

Trial balance is prepared to check accuracy of_______________?

A. Ledger accounts balances B. Balance sheet balances C. Income statement balances D. Cash flow statement balances...

If debit side of a bank account is greater than credit side it indicates which of the following?

A. Cash at bank B. Bank understatement C. Bank overdraft D. Balance overstatement...

_________ will be credited if goods are given as charity?

A. Cash B. Charity C. Purchases D. Sales...

Building account is classified as _________ account?

A. Nominal B. Real C. Cash D. Capital...

___________ helps business to classify transactions according to their nature?

A. General journal B. Real accounts C. Ledger accounts D. Cash accounts...