An account is said to have a debit balance because
...An account is said to have a debit balance because
The first entry made in it is on its debit side
There are more entries on the debit side than on the credit side
Total value of debit entries is more than total value of credit entries
There is no entry at all on the debit side
Correct answer is C
No explanation has been provided for this answer.
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Use the following information to answer the given question \(\begin{array}{c|c} & D\\ \hline ...