The Difference Between the Total Debits and Total Credits of an Account

question 128

Multiple Choice

The difference between the total debits and total credits of an account is called a:

• A)trial balance.
• B)sub-total.
• C)ruling.
• D)balance.

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Definitions:

Clouds

Visible masses of water droplets or ice crystals suspended in the atmosphere above the surface of a planetary body.

Explanation

A statement or account that makes something clear by describing the relevant structure or operation, or circumstances.

Argument

A reason or set of reasons given in support of an idea, action, or theory.

Premises

Statements or propositions from which another statement is conclusively deduced or inferred.