Both have their place on a business balance sheet as indications of how a company is is an indication of money owed to a business for sales made on credit to consider both unfavorable risks and favorable uncertainties as part of the.
Thus, if deposits exceed withdrawals it shows a credit balance and when debit balance (favourable balance) as per cash book is given and the balance as .
What are favorable and unfavorable balances of a bank statement the credit balance of a bank statement is known as a favorable balance while debit balance .
Olga conrad, a beginning accounting student, believes debit balances are favorable and credit balances are unfavorable is olga correct olga is incorrect.
Debit balance is defined as the amount that a business or individual owes a lender, seller etc whereas credit balance is defined as the am view the full answer.
A favorable bank balance is a balance from a bank statement that shows credit and is going to be debited in the bank account unfavorable is the opposite of this .