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प्रश्न
What is debit balance?
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उत्तर
When the total of the debit side is more than the total of the credit side the difference is debit balance and is placed on the credit side as ‘By Balance c/d’.
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संबंधित प्रश्न
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The following balances appeared in the books of Vinoth on Jan 1, 2018
| Assets | ₹ | Liabilities | ₹ |
| Cash | 40,000 | Amount due to Vijay | 10,000 |
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| Amount due from Ram | 20,000 | ||
| Machinery | 40,000 |
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| 18 | Goods purchased from Anand on credit | 8,000 |
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