Where the debit side of the income and expenditure account is higher than the credit side, the difference is a? - SchoolNGR

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Where the debit side of the income and expenditure account is higher than the credit ...

Where the debit side of the income and expenditure account is higher than the credit side, the difference is a?

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Take Free Practice Test On 2026 JAMB UTME, Post UTME, WAEC SSCE, GCE, NECO SSCE

A Deflicit
B Surplus
C Gain
D Loss

Correct Answer: Option A

Explanation:

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