Question No 03 Chapter No 2 Q.3. On which side the decrease in the following accounts will be recorded? Also mention the nature of account:− 1 Machinery 5 Proprietor’s Account 2 Wages Paid 6 Debtor 3 Rent Received 7 Prepaid Read More …
Question No 02 Chapter No 2 Q.2. On which side the decrease in the following accounts will be recorded? Also mention the nature of account:− 1 Cash 5 Prepaid Insurance 2 Bank Overdraft 6 Manoj, Proprietor of the business 3 Read More …
Question No 01 Chapter No 2 Q1. On which side the increase in the following accounts will be recorded? Also mention the nature of account:− 1 Furniture 5 Proprietor’s Account 2 Rent Paid 6 Debtor 3 Commission Received 7 Creditor Read More …