Accountancy

Record economics data

Provide the informational basis for action

Classifying and recording business transaction

None of these

Ledger folio

Amount

Debit

Date

Debit side of an account

Credit side of an account

Both A and B

None of these

Creditors

Debtor’s book

Cash book

None of these

Loan

Commission

Equity

Sales

Help balance the bank account

Check the accuracy of the book of original entry

Help check the arithmetical accuracy

None of these

personal account

Real account

Nominal account

Capital account

Increase in assets a/cs and expense a/cs

Increase in liabilities a/cs and income a/cs

Increase in expense a/cs and liabilities a/cs

Increase in assets a/cs and expenses a/cs

One party

Two parties

No party

None of these

Brought forward

Carry forward

Balance

None of these