Which of the following has a debit balance? i. calls-in-arrears ii. cash-in-advance iii. share discount

Accounts - Principles of Accounts

WAEC 1998

A. i
B. ii
C. iii
D. ii and iii

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Correct Answer: Option D

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Which of the following has a debit balance? i. calls-in-arrears ii. cash-in-advance iii. share discount

Correct Answer: Option D

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