trial

Is pre-paid insurance coverage a debit or credit on trial balance?

Is pre-paid insurance coverage a debit or credit on trial balance? Numerous circumstances might trigger a credit balance in...

2 min read

Is returns inwards debit or credit in trial balance?

Is returns inwards debit or credit in trial balance? Return outwards holds credit balance and is put on the...

2 min read

Is land a debit or credit in trial balance?

Is land a debit or credit in trial balance? Land is a possession; for that reason, it has a...

1 min read