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Indicate whether the following accounts will have ‘debit’ or ‘credit’ balances.1. outstanding salaries2. Return outwards3. Sales returns4. Carriage inward5. Bad debts recovered6. Depreciation7. Drawings |
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Answer» 1. Outstanding salaries – Credit 2. Return outwards – Credit 3. Sales Returns – Debit 4. Carriage inward – Debit 5. Bad debts recovered – Credit 6. Depreciation – Debit 7. Drawings – Debit |
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