Sarthaks Test
0 votes
in Accounts by (64.1k points)

On which side will be the decrease in the following accounts recorded? Also, mention the nature of the account: 

i. Cash 

ii. Bank Overdraft 

iii. Outstanding Salary paid 

iv. Outstanding Rent 

v. Prepaid Insurance 

vi. Mohan, Proprietor of the business

1 Answer

0 votes
by (106k points)
selected by
Best answer

The correct answer is:

Welcome to Sarthaks eConnect: A unique platform where students can interact with teachers/experts/students to get solutions to their queries. Students (upto class 10+2) preparing for All Government Exams, CBSE Board Exam, ICSE Board Exam, State Board Exam, JEE (Mains+Advance) and NEET can ask questions from any subject and get quick answers by subject teachers/ experts/mentors/students.