Accounting · Ledger Balancing and Trial Balance
When balancing a Ledger account, the debit side total exceeds the credit side total by ₹25,000. This difference is inserted on the credit side to make both sides equal. In the context of the next accounting period, what does this balance represent and where will it appear in the Trial Balance?
Verified Solution4 OptionsUpdated: October 2026👁️1 View
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- 1It is a Surplus Balance and will be added to the Capital Account.
- 2It is a Nominal Balance and will be transferred to the Trading Account.
- 3It is a Debit Balance and will appear in the Debit column of the Trial Balance.✓
- 4It is a Credit Balance and will appear in the Credit column of the Trial Balance.
Correct answer
It is a Debit Balance and will appear in the Debit column of the Trial Balance.
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