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an account is described as: multiple choice question. the relationship between assets and liabilities and owner's equity written records of the assets, liabilities, and owner's equity of a business an entry on the left side a statement to test the accuracy of total debits and credits after transactions have been recorded

Answer :

Option A is correct. An account is a record in an accounting gadget that tracks the monetary things to do of a precise asset, liability, equity, revenue, or expense. These records enlarge and limit as the commercial enterprise events appear in the course of the accounting period.

What is the use of an account?

In accounting, an account is used for recording a dollar balance and a history of adjustments to that balance.

The dollar stability may be associated with an proper financial institution account, or it may additionally characterize the money owed you by way of a client. It may also characterize income, expenses, or the price of assets that you own.

Learn more about an account here:

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