matthewlucas8029 matthewlucas8029
  • 13-04-2022
  • Business
contestada

When both debit and credit amounts have been posted to an account, what determines whether the balance is a debit or a credit?.

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vvonderwall15
vvonderwall15 vvonderwall15
  • 13-04-2022

Answer:

Whenever the debits in an account exceed the credits, the balance is a debit. Whenever the credits in an account exceed the debits, the balance is a credit.

Explanation:

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