The Difference Between the Total Debits and Credits to an Account

question 26

Multiple Choice

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

• A) balance.
• B) ruling.
• C) footing.
• D) trial balance.

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Definitions:

Current Dividends

Refers to the dividends that are declared and paid by a company for the current fiscal period.

Perceived Risk

The level of risk that consumers or investors believe is associated with a product, investment, or decision, which may not always match the actual risk.

Annual Dividend

The total dividend payment a shareholder receives per share of stock held over a year.

Increase by

Refers to the act of becoming larger or more by a specific amount or rate.