A

Admin • 833.24K Points
Coach

Q. If the debit side of the trial balance is greater than the credit side, it indicates:

  • (A) Loss
  • (B) Profit
  • (C) Debit balance error
  • (D) Excess of assets or expenses
  • Correct Answer - Option(D)
  • Views: 18
  • Filed under category Accounting
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Explanation by: Admin

Excess of debit side means assets/expenses exceed liabilities/incomes.

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