When total of Debit side of an account is more than total of Credit side of an account it is ____________.

Debit balance

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Credit balance

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Zero balance

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None of these

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Solution

The correct option is B Debit balance
Balancing of an account means ascertaining the net effect of the transactions, i.e. the difference between the debit side and credit side of the ledger account.
When the total of debit side of an account is more than the total of the credit side of that account, then the balancing figure is termed as debit balance.

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