Questions: Multiple Choice Question A small figure written at the base of an amount column showing the sum of the entries in the column is called a: footing normal balance debit

Multiple Choice Question A small figure written at the base of an amount column showing the sum of the entries in the column is called a: footing normal balance debit
Transcript text: Multiple Choice Question A small figure written at the base of an amount column showing the sum of the entries in the column is called a: footing normal balance debit
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Solution

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The answer is the first one: footing.

Explanation for each option:

  1. Footing: This is the correct answer. In accounting, a footing is the total of a column of numbers in a ledger or financial statement. It is typically written at the bottom of the column to show the sum of the entries.

  2. Normal balance: This is incorrect. A normal balance refers to the side of the account (debit or credit) that is expected to increase the account balance. It is not related to the sum of entries in a column.

  3. Deblt: This appears to be a typographical error and is likely intended to be "debit." However, a debit is an entry on the left side of an account and is not related to the sum of entries in a column.

In summary, the term for the sum of the entries in a column, written at the base, is "footing."

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