April works in the accounting department at Henson's Tire & Auto.She is concerned that the company has been placing too many orders for office supplies and wants to look at all of the transactions involving the purchase of office supplies for the past several months.April could find such information by looking at the supplies account in the:

Question

Quizplus · Accepted Answer

The ledger is where all transactions are recorded in separate accounts, including the supplies account. Therefore, April can find all the transactions involving the purchase of office supplies by looking at the supplies account in the ledger. The cash flow statement only shows cash inflows and outflows, and the journal records transactions as they occur, but not in separate accounts. There is no such thing as an account debit book.

April Works in the Accounting Department at Henson's Tire