An account is a part of the financial information system and is described by all except which one of the following?
A) An account has a debit and credit side.
B) An account is a source document.
C) An account may be used to record assets.
D) An account has a title.
Correct Answer:
Verified
Q49: An account consists of
A) a title a
Q55: A T-account is
A) a way of depicting
Q57: A credit is not the normal balance
Q73: The right side of an account is
A)
Q75: A debit to a liability account indicates
A)
Q76: Debits
A) decrease both assets and liabilities.
B) decrease
Q77: The left side of an account is
A)
Q81: Which of the following increases the Owner's
Q82: Which usually indicates an error?
A) A debit
Q83: Debits are used to
A) decrease both asset
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