Accounting Questions

1. Mention and explain debit and credit rules

2. What is an account?

3. Mention and explain how accounting accounts are classified

4. What is the accounting record

5. Mention the stages of modern accounting

6. What is General Ledger and what is its purpose

7. Mention the characteristics of the general ledger

8. Explain the Trial Balance

9. Mention the functions of the Trial Balance

10. What is the structure of the Trial Balance