An account is used as part of the recording process and is described by all except which one of the following?
A) An account can have either a debit or credit balance.
B) An account is a source document.
C) An account may be part of a manual or a computerized accounting system.
D) An account has a title.

Question

Quizplus · Accepted Answer

An account is not a source document, but rather a record of financial transactions related to a specific item, such as an asset, liability, or expense.

An Account Is Used as Part of the Recording Process