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Account balance is The total of the credits out of the account the total of the

ID: 2600035 • Letter: A

Question

Account balance is The total of the credits out of the account the total of the debit out of the account the difference between the total debits and a total credits for an account including beginning balance assess equal level is equity always a credit Account balance is The total of the credits out of the account the total of the debit out of the account the difference between the total debits and a total credits for an account including beginning balance assess equal level is equity always a credit

Explanation / Answer

Dear student, you have not posted the question properly and options are not given as A, B, C and D. We are trying out best to provide correct option

An account balance is the net result of Opening balance and all debits and credits to the account being balanced

So, option C “the difference between the total debits and a total credits for an account including beginning balance” is the correct option

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