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Question: Define balancing in accounting?

Answer: Balancing means to equate both sides of the T-account i.e. the debit and credit sides of a T-account must be equal/balanced.

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Question: Define balancing in accounting?

Answer:

Balancing means to equate both sides of the T-account i.e. the debit and credit sides of a T-account must be equal/balanced. Source: CoolInterview.com



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