An account is said to have a debit balance because

Accounts - Principles of Accounts WAEC 2000

An account is said to have a debit balance because

  • the first entry made in it is on its debit side
  • there aer more entries on the debit side than on the credit side
  • total value of debit entries is more than total value of credit entries checkmark
  • there is no entry at all on the dbit side

The correct answer is: C

Explanation

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