1.the balance of an account is calculated as
A the total of the debit side
B the total of the...
1.the balance of an account is calculated as
A the total of the debit side
B the total of the credit side
C the difference between the totals of the debit and credit side
D. the sum of all entries
2.the total on the debit of an account is greater than the credit side. what does this mean?
A the account has a debit balance
B the account has a credit balance
C the account cannot be balanced
D the account has no balance
3.a credit balance occurs in a ledger account when
A the total on its debit side is greater than the credit side
B the total on its debit side is less than the total on its credit side
C the total on its debit side is equal to the total on its credit side
D the total is zero in the ledger account
Answers: 1
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Business, 22.06.2019 12:00
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