Multiple Choice
A book holding all of the accounts is called the:
A) balance sheet.
B) ledger.
C) journal.
D) income statement.
Correct Answer:
Verified
Correct Answer:
Verified
Related Questions
Q42: A business pays $500 cash for supplies.Which
Q43: Which of the following is the order
Q44: The following transactions have been journalised and
Q45: Journalising a transaction means:<br>A)recording the transaction,including a
Q48: A trial balance summarises a ledger by
Q49: Accountants first record transactions in the:<br>A)trial balance.<br>B)journal.<br>C)ledger.<br>D)chart
Q49: A journal entry includes BOTH debit and
Q101: An account is the detailed record of
Q142: Debit refers to the right side of
Q219: An asset account is increased by a