Answered

Which type of credit account is balanced in the last two columns of a
worksheet?
OA. Accounts payable
B. Accounts receivable
C. Revenue
D. Expense

Verified Answer :

GinnyAnswer

Final answer:

Accounts receivable is the credit account balanced in the last two columns, ensuring the total owed matches the account balance.


Explanation:

Accounts receivable is the type of credit account that is balanced in the last two columns of a worksheet. In accounting, accounts receivable represent the amounts owed by customers for goods or services provided on credit. Balancing accounts receivable involves ensuring that the total amount owed by customers matches the ending balance in the accounts receivable account.


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