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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

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Answer:

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

Step-by-step 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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