Accounting for IGCSE & O level - The Fundamentals Of Accounting (Section 3 - No. 41)
Which of the following statements is TRUE regarding the debit and credit sides of the ledger?
The debit side is always on the left; the credit side is always on the right.
The debit side is always on the right; the credit side is always on the left.
The debit side is always above; the credit side is always below.
The debit and credit sides alternate depending on the account type.
Explanation
The debit side is always on the left; the credit side is always on the right.
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