Trial Balance Debit and Credits Flashcards
1
Q
SLCA
A
Debit
2
Q
Sales
A
Credit
3
Q
Sales Returns
A
Debit
4
Q
PLCA
A
Credit
5
Q
Purchases
A
Debit
6
Q
Purchases returns
A
Credit
7
Q
Bank / Cash / Petty cash
A
Debit
8
Q
Vat Owed TO HMRC
A
Credit
9
Q
VAT Owed BY HMRC
A
Debit
10
Q
Bank interest paid / Bank Charges
A
Debit
11
Q
Bank Interest received
A
Credit
12
Q
Discounts allowed
A
Debit
13
Q
Discounts Received
A
Credit
