Purchase return account is undercasted by Rs 600. In this case which balance of the Trial Balance will show an excess balance?

It will tally

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Debit Balance

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Credit Balance

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None of the above

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Solution

The correct option is B
Debit Balance

Purchase return has a credit balance as it is undercasted, the debit balance of trial balance will be more than the credit balance.

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Purchase return account is undercasted by Rs 600. In this case which balance of the Trial Balance will show an excess balance?

The correct option is B Debit Balance Purchase return has a credit balance as it is undercasted, the debit balance of trial balance will be more than the credit balance.

The correct option is B
Debit Balance

Purchase return has a credit balance as it is undercasted, the debit balance of trial balance will be more than the credit balance.