Question

when the debit of income and expenditure in more ithem its credit,it leaven a _____​

Answer 1

Answer:

DEFICIT

Explanation:

(1)when the debit of income and expenditure in more ithem its credit,it leaven a DEFICIT  i.e expendeture over income

(2) when the credit side of income nd expendeture a/c is more than the debit side the result is SURPLUS i.e income over expendeture