Question

If the total of debit side of an account exceeds the total of its credit side it indicates ________________.

• A. Debit balance.
• B. Credit balance.
• C. Either debit or credit.
• D. Neither debit nor credit.

Answer 1

The correct option is A Debit balance.

The difference between the sum of the two sides of an account is called the balance.

If the total of the debit side exceeds the total of credit side then this would be represented by a debit balance and opposite is true for a credit balance.