Question

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

Answer 1

Explanation:

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.