5. On which side will the decrease in the following accounts be recorded? Also, state the nature of the account:
| (i) | Cash | (ii) | Bank Overdraft |
|---|---|---|---|
| (iii) | Outstanding Salary paid | (iv) | Outstanding Rent |
| (v) | Prepaid Insurance | (vi) | Mohan, Proprietor of the business |
T.S.Grewal/2024 Edition/Practical Problems/Q-05
For full question, please refer to the text book T.S.Grewal’s Double Entry Book Keeping-Financial Accounting, Textbook for CBSE Class XI published by Sultan Chand & Sons Pvt. Ltd.