Multiple Choice
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 entry is posted.
C) Another name for the withdrawals account.
D) An account used to record the transfers of assets from a business to its owner.
E) A simple form of account that is widely used in accounting to illustrate the debits and credits required in recording a transaction.
Correct Answer:

Verified
Correct Answer:
Verified
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