A simple account form widely used in accounting as a tool to understand how debits and credits affect an account balance is called a:
a. Withdrawals account.
b. Capital account.
c. Drawing account.
d. T-account.
e. Balance column sheet.
Answer: D
A simple account form widely used in accounting as a tool to understand how debits and credits affect an account balance is called a:
a. Withdrawals account.
b. Capital account.
c. Drawing account.
d. T-account.
e. Balance column sheet.
Answer: D
If the answers is incorrect or not given, you can answer the above question in the comment box. If the answers is incorrect or not given, you can answer the above question in the comment box.