Final answer:
The main advantage of a two-column account is not that it maintains a running balance.
Step-by-step explanation:
False. The main advantage of a two-column account is not that it maintains a running balance. A two-column account, also known as a T-account, is a balance sheet format that organizes assets and liabilities into two separate columns. It is used to visually represent the financial position of a business or individual. The running balance, on the other hand, refers to the continuous updating of an account's balance after each transaction.