trial

Is accumulated costs a debit or credit in trial balance?

Is accumulated costs a debit or credit in trial balance? Generally, an accumulated cost journal entry is a debit to an Expenditure account. The debit entry increases your costs....

Cheryl Cruz in Trending · 1 min read

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...

alex crucit in Credit Card
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...

alex crucit in Credit Card
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...

alex crucit in Credit Card
1 min read