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Which type of accounts usually shows a debit balance?
  • a)
    Personal accounts.
  • b)
    Real accounts.
  • c)
    Nominal accounts related to expenses.
  • d)
    All of the above.
Correct answer is option 'D'. Can you explain this answer?
Most Upvoted Answer
Which type of accounts usually shows a debit balance?a)Personal accoun...
All of the above. Personal accounts can show debit balances (debtors), real accounts represent assets (usually debit balances), and nominal accounts related to expenses also show debit balances.
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Which type of accounts usually shows a debit balance?a)Personal accounts.b)Real accounts.c)Nominal accounts related to expenses.d)All of the above.Correct answer is option 'D'. Can you explain this answer?
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