subject

Rules of Debit and Credit

Commerce ⇒ Accountancy

Rules of Debit and Credit starts at 11 and continues till grade 12. QuestionsToday has an evolving set of questions to continuously challenge students so that their knowledge grows in Rules of Debit and Credit. How you perform is determined by your score and the time you take. When you play a quiz, your answers are evaluated in concept instead of actual words and definitions used.
See sample questions for grade 12
Describe the rule of debit and credit for a revenue account.
Describe the rule of debit and credit for a sales account.
Explain the rule of debit and credit for a bank account.
Explain the rule of debit and credit for a creditor’s account.
Explain the rule of debit and credit for a drawings account.
Explain the rule of debit and credit for an asset account.
Explain the rule of debit and credit for capital account.
State the rule of debit and credit for a debtor’s account.
State the rule of debit and credit for a liability account.
State the rule of debit and credit for a purchases account.