wiz-icon
MyQuestionIcon
MyQuestionIcon
1
You visited us 1 times! Enjoying our articles? Unlock Full Access!
Question

If there is a debit balance in ledger accounts than ___________.

A
debit side of an account exceeds the credit side
Right on! Give the BNAT exam to get a 100% scholarship for BYJUS courses
B
credit side of an account exceeds the debit side
No worries! We‘ve got your back. Try BYJU‘S free classes today!
C
total of the debit side is more
No worries! We‘ve got your back. Try BYJU‘S free classes today!
D
both a & c
No worries! We‘ve got your back. Try BYJU‘S free classes today!
Open in App
Solution

The correct option is A debit side of an account exceeds the credit side
If there is a debit balance in ledger accounts than debit side of an account exceeds the credit side

flag
Suggest Corrections
thumbs-up
0
Join BYJU'S Learning Program
similar_icon
Related Videos
thumbnail
lock
Goodwill
ACCOUNTANCY
Watch in App
Join BYJU'S Learning Program
CrossIcon