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Given the following ledger account and postings,complete the Balance column.Assume no previous postings in the account.
Rust Belt
A region in the northeastern and midwestern US characterized by declining industry, aging factories, and a decreasing population, historically known for its steel production and heavy manufacturing.
Federal Budget Deficit
The deficit occurring when government spending surpasses income within a specific budget year.
Unemployment Rates
The measure of the unemployed in the labor force who are seeking job opportunities.
Economic Downturn
A period of poor economic performance across a country or region, often characterized by a decline in GDP, employment, and trade.
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