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7 January, 21:54

An account is said to have a debit balance if a) its normal balance is debit without regard to the amounts or number of entries on the debit side. b) the footing of the debits exceeds the footing of the credits. c) there are more entries on the debit side than on the credit side. d) the last entry of the accounting period was posted on the debit side.

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  1. 7 January, 23:09
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    b) the footing of the debits exceeds the footing of the credits.
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Home » Business » An account is said to have a debit balance if a) its normal balance is debit without regard to the amounts or number of entries on the debit side. b) the footing of the debits exceeds the footing of the credits.
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