Q.State whether the balance of the following accounts should be placed in the debit or the credit column of the trial balance.

Carriage outwards (debit), Sales (credit), Investment (debit) and Bad debts (debit) — expenses, losses and assets are debit balances, incomes are credit balances.

The rule for a trial balance is that all assets, expenses and losses show debit balances, while all liabilities, capital and incomes/gains show credit balances. Applying this: