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Balance sheet

Forums › Ask ACCA Tutor Forums › Ask the Tutor ACCA SBR Exams › Balance sheet

  • This topic has 1 reply, 2 voices, and was last updated 5 years ago by AvatarStephen Widberg.
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  • September 15, 2020 at 11:31 am #585728
    AvatarAbiodun27
    Member
    • Topics: 1
    • Replies: 0
    • ☆

    Which is the appropriate entries in the balance sheet when a debtors pay his or her dues
    A. Asset side of the balance sheet will increase
    B. Asset side of the balance sheet will decrease
    C. Liability side of the balance sheet will increase
    D. No entries will reflect in the balance sheet

    September 15, 2020 at 6:34 pm #585772
    AvatarStephen Widberg
    Keymaster
    • Topics: 17
    • Replies: 3452
    • ☆☆☆☆☆

    Please post questions on double entry in Financial Accounting

    My answer is A and B

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