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Home › Bihar Board Class 12 (Commerce) › Accountancy › Accounts from Incomplete Records › The opening balance in a total creditors account…

The opening balance in a total creditors account is placed on the:

ADebit side
BCredit side
CBoth sides
DNeither side
Answer & Solution
Correct answer: B. Credit side
Opening creditors are a liability, so their balance is brought down on the credit side.
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