Difference between criedt balance and debit balance?

1.	Difference between criedt balance and debit balance?
Answer» While preparing an account if the debit side is greater than the credit side, the difference is called “Debit Balance”. So, if\xa0Debit Side > Credit Side,\xa0it is a debit balance.When the credit side is greater than the debit side the difference is called “Credit Balance”. So, if\xa0Credit Side > Debit Side,\xa0it is a credit balance.

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