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P1 C9 Ledger-Posting — Account STD 11 Commerce — Question

Gujarat BoardEnglish MediumSTD 11 CommerceAccountP1 C9 Ledger-Posting1 Mark
Question
What do you mean by Credit balance?
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Answer

When the total of credit side of an account is greater than the total of debit side, the resultant balance of an account is called Credit balance.

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