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Can anybody tell me the placement of the following ledgers
in the Trial Balance
1.Loans and Advances
2.Interest on Capital
3.Customer Deposit
4.Preliminery expenses
5.Insurance claim
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Answer Posted / s balasubramanian
The general principle is all incomes and liabilities will
come under credit side of the trial balance.
All assets and expenditure will appear under debit side of
the trial balance.
| Is This Answer Correct ? | 2 Yes | 1 No |
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