An Account Balance Is

question 73

Multiple Choice

An account balance is:

• A) The total of the credit side of the account.
• B) The total of the debit side of the account.
• C) The difference between the increases (including the beginning balance)and decreases recorded in the account.
• D) The same as the balance sheet equation.
• E) Not used in the real world.

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Definitions:

Organic Molecules

Compounds containing carbon atoms bonded to hydrogen atoms, often forming the chemical basis of living organisms.

Carbon

A chemical element with symbol C, essential to all known life, capable of forming a vast number of compounds including organic compounds.

Valence Shell

The outermost shell of an atom containing the electrons most likely to participate in chemical reactions.

Neutral Solution

A solution of pH 7; there are equal concentrations of hydrogen ions [H+] and hydroxide ions [OH-]. Compare with acidic solution and basic solution.