Which account, having a normal credit balance, appears on the credit side of a trial balance?

Choose the correct answer

Explanation

Accounts such as Cash, Bank, and Equipment normally carry debit balances and are therefore listed on the debit side of a trial balance. Accrued expenses, on the other hand, are liabilities with a normal credit balance and appear on the credit side of the trial balance.

Which account, having a normal credit balance, appea… — Accounting Mcqs | PakQuizHub