📢 Too many exams? Don’t know which one suits you best? Book Your Free Expert 👉 call Now!

  • google app store apple app store
  • ✖

      Question

      An account is having debit balance is established when.

      A The last entry of the accounting period was posted on the debit side Correct Answer Incorrect Answer
      B The amount of debit exceeds the amount of the credits Correct Answer Incorrect Answer
      C There are more entries on the debit side than on the credit side Correct Answer Incorrect Answer
      D None of above Correct Answer Incorrect Answer

      Solution

      The correct answer is B

      Practice Next
      ask-question