Accountancy, asked by prerana67, 1 year ago

State the meaning of debit balance of Trading Account. (Answer in one sentence)

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Answered by Micromax156

Explanation:

The debit balance in a margin account is the total amount of money owed by the customer to a broker or other lender for funds advanced to purchase securities.

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State the meaning of debit balance of Trading Account. (Answer in one sentence)​

Answers

State the meaning of debit balance of Trading Account. (Answer in one sentence)