Question

The balance column in a ledger account is: Multiple Choice An account entered on the balance sheet. A column for showing the balance of the account after each entry is recorded. Another name for the dividends account. An account used to record the transfers of assets from a business to its stockholders. A simple form of account that is widely used in accounting to illustrate the debits and credits required in recording a transaction.

Answer 1

Answer:

A column for showing the balance of the account after each entry is posted.

Explanation:

The balance column in a ledger account would represent the debit and credit columns amount for recording and posting entries and the other column represent the account balance after each entry is passed or recorded

Therefore the above represent the answer