Accounting WAEC

An account is said to have a debit balance because?

A. the first entry made in it is on its debit side
B. there are more entries on the debit side than on the credit side
C. total value of debit entries is more than total value of credit entries
D. there is no entry at all on the debit side

Correct Answer: Option C

C. total value of debit entries is more than total value of credit entries

Sunday

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