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

Debit balance

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Credit balance

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Either (a) or (b)

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Neither (a) nor (b)

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Solution

The correct option is A Debit balance
A ledger account can have both debit or a credit balance which is determined by which side of the account is greater than the other. While preparing an account if the debit side is greater than the credit side, the difference is called "Debit Balance".

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