Multiple Choice
An accounting record of the balances of all assets, liabilities, and stockholders' equity accounts is called a
A) compound entry.
B) general journal.
C) general ledger.
D) chart of accounts.
Correct Answer:

Verified
Correct Answer:
Verified
Related Questions
Q21: The final step in the recording process
Q55: For the basic accounting equation to stay
Q154: The trial balance will not balance when
Q175: The number and types of accounts used
Q190: The four subdivisions of stockholders' equity are:
Q191: Revenues are a subdivision of retained earnings.
Q195: For each of the following accounts, indicate
Q196: Journalize the following transactions for Xiu Xiu
Q197: Electrelane Company showed the following balances
Q199: The ledger should be arranged in<br>A) alphabetical