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

Gujarat BoardEnglish MediumSTD 11 CommerceAccountP1 C9 Ledger-Posting1 Mark
Question
What is squared up account?
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Answer

When total of credit side and debit side of amounts of an account is same, we can say thataccounts has no balance. i.e. account is squared up.

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