The balance column in a ledger account is:

A. An account entered on the balance sheet.

B. A column for showing the balance of the account after each en

C. Another name for the withdrawals account

D. An account used to record the transfers of assets from a busine

Question

Business

Lorelai Obrien

22 May, 17:07

The balance column in a ledger account is:

A. An account entered on the balance sheet.

B. A column for showing the balance of the account after each en

C. Another name for the withdrawals account

D. An account used to record the transfers of assets from a busine

+4

Answers (1)

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Rigoberto Everett · Answer 1

Balance Column Ledger Account. An account with debit and credit columns for recording entries and a third column for showing the balance of the account after each entry is posted. the data from the balance sheet is used to set up the accounts.

The balance column in a ledger account is:A. An account entered on the balance sheet.B. A column for showing the balance of the account after each enC. Another name for the withdrawals accountD. An account used to record the transfers of assets from a busine

The balance column in a ledger account is:

A. An account entered on the balance sheet.

B. A column for showing the balance of the account after each en

C. Another name for the withdrawals account

D. An account used to record the transfers of assets from a busine