Basic activities in every accounting department,including sales order processing,accounts receivable,inventory and purchasing,accounts payable,and payroll,are recorded in the ________.
A)general ledger
B)corporate database
C)inventory control system
D)accountant's database

Question

Quizplus · Accepted Answer

The general ledger is where all the financial transactions of a company are recorded, including those of the accounting department such as sales order processing, accounts receivable, inventory and purchasing, accounts payable, and payroll. Therefore, the basic activities in every accounting department are recorded in the general ledger.

Basic Activities in Every Accounting Department,including Sales Order Processing,accounts Receivable,inventory