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BRS Starting with Pass Book Balance

Excess of deb...

Question

Excess of debit side over credit side in a ledger is called?

A

Debit Balance

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B

Credit Balance

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C

Liability Account

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D

None of the above

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Solution

The correct option is A Debit Balance
Excess of debit side over credit side in a ledger is called " Debit Balance".

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