If the previous account balance and the current entry posted to an account are both debits, the new account balance is a debit.

Name: If the previous account balance and the current entry posted to an account are both debits, the new account balance is a debit.
Brand: Quizplus
Rating: 4.8 (42 reviews)

Question

Quizplus · Accepted Answer

When both the previous balance and the current entry in an account are debits, they are added together, resulting in a new balance that is also a debit.

If the Previous Account Balance and the Current Entry Posted