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Question
Put ‘4’ mark for the nature of balance for the following.
| Account | Dr. Balance | Cr. Balance |
| 1. Capital A/c | ||
| 2. Goodwill | ||
| 3. Bank Overdraft | ||
| 4. Bills Receivable | ||
| 5. Creditors | ||
| 6. Drawings | ||
| 7. Advertisement | ||
| 8. Prepaid Rent | ||
| 9. Outstanding Salary | ||
| 10. Bad debts |
Solution
| Account | Dr. Balance | Cr. Balance |
| 1. Capital A/c | 4 | |
| 2. Goodwill | 4 | |
| 3. Bank Overdraft | 4 | |
| 4. Bills Receivable | 4 | |
| 5. Creditors | 4 | |
| 6. Drawings | 4 | |
| 7. Advertisement | 4 | |
| 8. Prepaid Rent | 4 | |
| 9. Outstanding Salary | 4 | |
| 10. Bad debts | 4 |
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