A
Income and gain A/cs shows increase in credit side
B
Expenses and losses A/cs shows reduction in balance on debit side
C
Assets A/c can have credit balance also
D
Debtors are the owing of the business
Correct option is A)
A
Income and gain A/cs shows increase in credit side
B
Expenses and losses A/cs shows reduction in balance on debit side
C
Assets A/c can have credit balance also
D
Debtors are the owing of the business
Correct option is A)
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