If the total of the debit side of an account exceeds the total of its credit side, it means:
A. Credit balance
B. Debit balance
C. NIL balance
D. Debit and credit balance
Answer:B
If the total of the debit side of an account exceeds the total of its credit side, it means:
A. Credit balance B. Debit balance C. NIL balance D. Debit and credit balance