In a database accounting system, the following is true EXCEPT
A)Transactions are entered using onscreen database forms
B)Adjustments are made using an onscreen journal
C)Closing entries are made manually with debits and credits
D)Account information is stored in database tables

Question

Quizplus · Accepted Answer

Closing entries should not be made manually with debits and credits in a database accounting system. Instead, they should be made using appropriate software functions or modules.

In a Database Accounting System, the Following Is True EXCEPT