The credit side of trial balance show __________.

Bank

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Cash

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Equipment

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None of the above

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Solution

The correct option is B None of the above
Assets account always shows debit balance. Bank, cash and equipment are assets and will always have debit balance. These are to be shown in the debit side of trial balance.

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Similar questions

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Q. If the trial balance shows a short credit the suspense account will have a ________ balance.

State true or false:

1) A Trial balance is an account.
2) A Trial balance is helpful for preparation of final accounts.
3) A Trial balance is most important document.
4) A Trial balance may be prepared on any date.
5) In Trial balance opening stock is recorded in credit balance column.
6) Both sides total of an account are taken in Gross Trial Balance.
7) Purchase account always shows debit balance.
8) A Trial balance is a List of Ledger balances.
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10) A Trial balance shows only arithmetical accuracy.

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In a trial balance, always the debit column should match with the credit column.

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The credit side of trial balance show __________.

The correct option is B None of the aboveAssets account always shows debit balance. Bank, cash and equipment are assets and will always have debit balance. These are to be shown in the debit side of trial balance.

The correct option is B None of the above
Assets account always shows debit balance. Bank, cash and equipment are assets and will always have debit balance. These are to be shown in the debit side of trial balance.