Accountıng I Deneme Sınavı Sorusu #1313618
Which one of the following occurs when the sum of the left side exceeds the sum of the right side of an account
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Account balance |
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Balance sheet |
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Credit balance |
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Debit balance |
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Trial balance |
Yanıt Açıklaması:
If the sum of the left side exceeds the sum of the right side of an account, a debit balance occurs. In other words, debit balance shows the difference between the total amounts of the left and the right side where the debit amount exceeds the credits.
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