An account balance is: the total of the credit side of the account. the total of the debit side of the account. the difference between the increase and decrease recorded in the account. Asset

Respuesta :

Answer:

The correct answer to the following question is option C) the difference between the increase and decrease recorded in the account .

Explanation:

Account balance can be defined as the amount of money that is present in savings or current account ( or it can be said as the financial repository ) at any given point of time . The account balance is always described as the net amount after taking in all the debits and credits in to account . Whenever there is a negative account balance , then it means it is net debt, for example overdraft on a current account.

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