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Read the following hypothetical Trial Balance extracted from the books of M/s Ravilal and Company and answer the given questions:
In the books of M/s Ravilal and Company
Trial Balance as on 31/3/2018
Q. Which of the following items appears on the wrong side of the trial Balance?
  • a)
    Purchases
  • b)
    Motor Vans
  • c)
    Premises
  • d)
    Capital
Correct answer is option 'C'. Can you explain this answer?
Most Upvoted Answer
Read the following hypothetical Trial Balance extracted from the boo...
Premises is an asset for business and like all other assets of business which has debit balance as normal default balance it also has debit balance.
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Read the following hypothetical Trial Balance extracted from the books of M/s Ravilal and Company and answer the given questions: In the books of M/s Ravilal and CompanyTrial Balance as on 31/3/2018Q. Which of the following items appears on the wrong side of the trial Balance?a)Purchasesb)Motor Vansc)Premisesd)CapitalCorrect answer is option 'C'. Can you explain this answer?
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Read the following hypothetical Trial Balance extracted from the books of M/s Ravilal and Company and answer the given questions: In the books of M/s Ravilal and CompanyTrial Balance as on 31/3/2018Q. Which of the following items appears on the wrong side of the trial Balance?a)Purchasesb)Motor Vansc)Premisesd)CapitalCorrect answer is option 'C'. Can you explain this answer? for Commerce 2025 is part of Commerce preparation. The Question and answers have been prepared according to the Commerce exam syllabus. Information about Read the following hypothetical Trial Balance extracted from the books of M/s Ravilal and Company and answer the given questions: In the books of M/s Ravilal and CompanyTrial Balance as on 31/3/2018Q. Which of the following items appears on the wrong side of the trial Balance?a)Purchasesb)Motor Vansc)Premisesd)CapitalCorrect answer is option 'C'. Can you explain this answer? covers all topics & solutions for Commerce 2025 Exam. Find important definitions, questions, meanings, examples, exercises and tests below for Read the following hypothetical Trial Balance extracted from the books of M/s Ravilal and Company and answer the given questions: In the books of M/s Ravilal and CompanyTrial Balance as on 31/3/2018Q. Which of the following items appears on the wrong side of the trial Balance?a)Purchasesb)Motor Vansc)Premisesd)CapitalCorrect answer is option 'C'. Can you explain this answer?.
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