Question

Which formula would be used to balance a day sheet or a patient's ledger?

Answer 1

The formula used to balance a day sheet or a patient's ledger is the formula to calculate the current account balance.

Step-by-step explanation:

The formula used to balance a day sheet or a patient's ledger in the context of business is the formula to calculate the current account balance.

1. Add up the amounts for exports, imports, and balance in separate columns.
2. Sum up these column totals.
3. The final balance number is the current account balance.