The balance column in a ledger account is:
A) A simple form of account that is widely used in accounting to illustrate the debits and credits required in recording a transaction.
B) Another name for the withdrawals account.
C) An account entered on the balance sheet.
D) An account used to record the transfers of assets from a business to its owner.
E) A column for showing the balance of the account after each entry is posted.
Correct Answer:
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