a account has debit balence.what is the meaning?
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Answer / rama chandran
An account depends on income or assets, the debit side of such account will be profit or income earned. if it is an expense or liability, it is a loss or expense occurred.
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Answer / p .nagarajagowd
if an account is debit balance there is cash in the bank
| Is This Answer Correct ? | 3 Yes | 8 No |
Answer / rajesh
if an account has debit balance, it is called cash at bank
| Is This Answer Correct ? | 8 Yes | 17 No |
Answer / daniel prince
Debit balance in your account...It means negative balance
| Is This Answer Correct ? | 8 Yes | 21 No |
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