WAEC Accounting 2013 Objective — Question 19

Question 19 of 50 from the West African Examinations Council (WAEC) Accounting 2013 Objective paper, with the correct answer and a full explanation.

Which of the following is recorded on the debit side of the Trial Balance?

A. Bank overdraft
B. Returns Outwards
C. PurchasesCorrect
D. Capital

Explanation

Expenses, assets and purchases are recorded in the debit side of the trial balance while income and liabilities are recorded on the credit side of the trial balance.

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