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College Accounting (Book Only): A ...

13th Edition
Scott + 1 other
ISBN: 9781337280570

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BuyFindarrow_forward

College Accounting (Book Only): A ...

13th Edition
Scott + 1 other
ISBN: 9781337280570
Textbook Problem

What are footings in accounting?

To determine

Describe the term footings in accounting.

Explanation

Footings in accounting:

The totals of both sides (right and left) in a T-account are called as footings. The balance of the account is ascertained by deducting on footing from the other.

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