Challenger App

No.1 PSC Learning App

1M+ Downloads
Ascertaining the difference between the totals of the debit side and credit side of an account is called

AJournalizing

BTotaling

CBalancing

DNone of these

Answer:

C. Balancing

Read Explanation:

Finding the difference between debit and credit totals is called balancing an account.


Related Questions:

The difference between capital and debt is called:
Base for calculating audit fee of a co-operative society dealing in goods (except coir and primary co-operative society):
In which year published the book on double entry system of accounting in?
On meeting the bill on the due date, the entry is
Noting charge is not an expense to