A T-account is
A) a way of depicting the basic form of an account.
B) what the computer uses to organize bytes of information.
C) a special account used instead of a trial balance.
D) used for accounts that have both a debit and credit balance.
Correct Answer:
Verified
Q28: Posting
A)should be performed in account number order.
B)accumulates
Q29: Which of the following is false about
Q30: For each of the following accounts indicate
Q31: Revenues are a subdivision of retained earnings.
Q32: Posting is the process of proving the
Q34: Which of the following statements is true?
A)Debits
Q35: In the first month of operations for
Q36: After transaction information has been recorded in
Q37: The entire group of accounts and their
Q38: After journal entries are posted, the reference
Unlock this Answer For Free Now!
View this answer and more for free by performing one of the following actions
Scan the QR code to install the App and get 2 free unlocks
Unlock quizzes for free by uploading documents