If the total of the debit side exceeds the total of credit side, then this would be represented by a ______ balance.

Debit

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Credit

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Either debit or credit

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Nil

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Solution

The correct option is A
Debit

If the total of the debit side exceeds the total of credit side, then this would be represented by a debit balance.

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If the total of the Credit side exceeds the total of debit side, then this would be represented by a ………. Balance

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