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  9. Q28
Question 28

An account is said to have a debit balance because

  • A.the first entry made in it is on its debit side
  • B.there aer more entries on the debit side than on the credit side
  • C.total value of debit entries is more than total value of credit entries
  • D.there is no entry at all on the dbit side
Objective

Question details

Exam body
WAEC
Subject
Accounts - principles of accounts
Year
2000
Question no.
#28
Type
Objective
Previous · Q27The accounting entry for depreciation at the end of each year is to debit Next · Q29 A motor vehicle bought for N16,000 was estimated to have a useful life span of 4…

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