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 are typically made using a specialized process within the accounting software, rather than manually with debits and credits. The other options described are common features of a database accounting system.

In a Database Accounting System, the Following Is True Except