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Question Practice

When an account is balanced, where is the difference recorded?

Attempt the question, check the explanation, and continue with similar questions to build confidence before exams.

MCQ_SA
CBSE
Class 11
Accountancy
Financial Accounting - I
Recording of Transactions - II
Question Bank

When an account is balanced, w...

Single Answer MCQ
Q-00054051

When an account is balanced, where is the difference recorded?

1

On the longer side

2

On the shorter side

3

Neither

4

In a separate account

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