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In the general ledger, the bank account has an unfavourable balance of R9 000 and the bank charges account has a total of R220. In which column side
In the general ledger, the bank account has an unfavourable balance of R9 000 and the bank charges account has a total of R220. In which column side of the trial balance will the amounts be recorded?
(1) Both in the credit column.
(2) The debit column for the bank charges account and the credit column for the bank account.
(3) Both in the debit column.
(4) The credit column for the bank charges account and the debit column for the bank account.
Is it correct to say that if the bank account in the general ledger has a credit balance, that it will be reflected on the credit side of the Trial Balance? Therefore, the answer must be option 2? Any input will be extremely appreciated.
