The right-hand amount column of a standard two-column ledger account form is called the

• A. Debit column
• B. Balance column
• C. Equity column
• D. Credit column

Answer: (D)

In double-entry accounting, each ledger account has two sides: Debit on the left and Credit on the right. The right-hand column is used for credit entries, so the standard name for that column is the Credit column. A separate Balance column, when present, shows the running total after postings and is not the same as the amount column on the right.