Question

Excess of credit side over the debit side in regulation account is ?

Answer 1

Answer:

Excess of credit side means that the liabilities and shareholder's equities increase on the accounting equation whereas decrease of debit side means decrease in assets . Like this the accounting equation i.e. (A= L+ SE) . If credit side increases the debit side must be decreased to balance the equation or vice versa

Explanation:

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