Is it okay to put Balance column in journal entries? Why?

FINANCIAL ACCOUNTING
10th Edition
ISBN:9781259964947
Author:Libby
Publisher:Libby
Chapter1: Financial Statements And Business Decisions
Section: Chapter Questions
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Is it okay to put Balance column in journal entries? Why?
1
JOURNAL ENTRIES
2
May
ACCOUNTS
DEBIT
CREDIT
BALANCE
3
1
110 Cash
250,000.00
250,000.00
4
310
Perez-Manalo, capital
250,000.00
(250,000.00)
Transcribed Image Text:1 JOURNAL ENTRIES 2 May ACCOUNTS DEBIT CREDIT BALANCE 3 1 110 Cash 250,000.00 250,000.00 4 310 Perez-Manalo, capital 250,000.00 (250,000.00)
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