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multiple choice question a ledger account form that shows the balance of the account after each entry is posted is called a: balance

Question

Multiple Choice Question A ledger account form that shows the balance of the account after each entry is posted is called a: balance ledger form running form trial balance

Answer

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Answer

### B. running form

Explanation

## Step 1: Understand Ledger Account Forms### A ledger account form that shows the balance after each entry is posted is a specific format used in accounting to keep track of balances continuously.## Step 2: Identify the Correct Form### Among the given options, identify which form represents a continuous update of balances.### Option 'balance ledger form' suggests a focus on balances but not necessarily continuous updating.### Option 'running form' implies a continuous update of running balances.### Option 'trial balance' is a periodic summary, not continuous.