Which of the following statements is not true?
Take Free Practice Test On 2026 JAMB UTME, Post UTME, WAEC SSCE, GCE, NECO SSCE
- A A trial balance is an account having debit and credit sides
- B Expenses, losses and assets have debit balances
- C Revenues, gains and liabilities have credit balances
- D A trial balance is a list of balances extracted from ledger accounts
Correct Answer: Option A
Explanation:
Share question on: