Question

Select the most appropriate alternatives from those given below and rewrite the sentence :

Debtors A/c shows ________ balance.
a) debit
b) credit
c) nominal
d) Real

Answer 1

Debtors A/c shows debit balance.

Explanation:
Debtors represent the amount of the business that is owed by them. Debtors are the assets of a firm and all the assets represent debit balance. Thus, Debtors A/c also shows debit balance.