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26 January, 05:26

Jamie posted all the journal entries into the ledgers. After the postings, Jamie realizes that the debit side of the travel account is greater than the credit side. What does this signify? there is a closing debit balance in travel account there is a closing credit balance in travel account there has been an error in posting, as the ledger should have no closing balance there has been an error in journal entry as credit side should be greater than the debit side

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  1. 26 January, 05:35
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    There is a closing debit balance in travel account
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