Accountancy, asked by kunalrajraikwar, 10 months ago

when the total of the credit side of income and expenditure account is more than the total of debit side, the difference is called

Answers

Answered by duttasougata78
2

when the total of the credit side of income and expenditure account is more than the total of debit side, the difference is called

surplus (excess of income over expenditure).

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