Sunday, October 14, 2012

What accounts can have either a debit or credit balance in the trial balance?

What accounts can have either a debit or credit balance in the trial balance?
Its an Accounting question, i need an answer?
Other - Business & Finance - 3 Answers
People Answers, Critics, Comments, Opinions :
Answer 1 :
Your Income & Expenses Accounts
Answer 2 :
401 k ira
Answer 3 :
Are you serious? Every single account in the ledger is listed in the trial balance and they will all have either a debit or credit balance!

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