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 can find such information by looking at the supplies account in the:
A)ledger.
B)cash flow statement.
C)journal.
D)account debit book.

Question

Quizplus · Accepted Answer

The ledger is where all the accounts of a business are recorded. This includes the supplies account, which would contain all the transactions involving the purchase of office supplies. The cash flow statement tracks the flow of cash in and out of the business, the journal is where transactions are initially recorded, and the account debit book is not a commonly used accounting term.

April Works in the Accounting Department at Henson's Tire