menu-iconExamlexExamLexServices

Discover

Ask a Question
  1. All Topics
  2. Topic
    Business
  3. Study Set
    Financial Accounting
  4. Exam
    Exam 2: The Basics of Record Keeping and Financial Statement Preparation: Balance Sheet
  5. Question
    What (Other Than a Transactions Spreadsheet ) Serves the Function
Solved

What (Other Than a Transactions Spreadsheet ) Serves the Function

Question 22

Question 22

Multiple Choice

What (other than a transactions spreadsheet ) serves the function of accumulating information about the effect of business transactions on each balance sheet and income statement account?


A) Journals
B) P&L-accounts
C) T-accounts
D) Subsidiary Ledgers
E) Library

Correct Answer:

verifed

Verified

Unlock this answer now
Get Access to more Verified Answers free of charge

Related Questions

Q17: The balance sheet equation underlies the recording

Q18: The date of the balance sheet appears

Q19: Tokyo Motor Company (Tokyo), a Japanese car

Q21: Several actions that an organization may take

Q23: _ accounts provide disaggregated information concerning the

Q24: Temporary accounts are for recording<br>A)revenues and expenses.<br>B)assets.<br>C)liabilities.<br>D)shareholders'

Q25: Which of the following is/are not true

Q26: A balance sheet account with a credit

Q27: A balance sheet account with a debit

Q28: Retained earnings measures the cumulative excess of

Examlex

ExamLex

About UsContact UsPerks CenterHomeschoolingTest Prep

Work With Us

Campus RepresentativeInfluencers

Links

FaqPricingChrome Extension

Download The App

Get App StoreGet Google Play

Policies

Privacy PolicyTerms of ServiceHonor CodeCommunity Guidelines

Scan To Download

qr-code

Copyright © (2025) ExamLex LLC.

Privacy PolicyTerms Of ServiceHonor CodeCommunity Guidelines