Principles of Accounting

Debit side of an account

Credit side of an account

Both A and B

None of these

Mr.AH account

Account

Sales account

None of these

Cash discount

Trade discount

Sales discount

Purchases discount

Internal transaction

External transaction

Paper transaction

None of these

Double account system

Double entry system

Single entry system

Management system

Debtor’s account

Bad debts account

Sales account

Creditor’s account

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