Where the debit side of the income and expenditure account is higher than the credit side; the difference is a? by Sunday | Dec 7 | Accounting JAMB | 0 comments A. deflicit B. surplus C. gain D. loss Correct Answer: Option A – deflicit Users Also Read These:A difference between the debit and credit totals in…Income and expenditure account is more detailed than…A business extracted its trial balance and…Which of the following is a credit item on an income…If incorrect entries on the debit side equal other…