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प्रश्न
State whether the following statement is ‘True or False’ with reason.
When debit side of an account is greater than the credit side, the account shows debit balance.
चूक किंवा बरोबर
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उत्तर
This statement is true.
Explanation:
The statement is correct because an account shows a debit balance when the sum of the amounts on its debit side is greater than the sum of the amounts on its credit side. This represents a net debit amount, indicating that more value has been recorded as debits than credits in that particular account.
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