« previous next »

Author Question: A chronological record of financial transactions expressed as debits and credits to accounts is ... (Read 174 times)

sjones

  • Hero Member
  • *****
  • Posts: 520
on: Jul 5, 2018
A chronological record of financial transactions expressed as debits and credits to accounts is provided by the
 a. ledger.
   b. journal.
   c. balance sheet.
   d. trial balance.

Question 2

Variances between actual and budgeted amounts inform management about performance relative to the budget.
 
  Indicate whether this statement is true or false.


katheyjon

  • Sr. Member
  • ****
  • Posts: 331
Reply #1 on: Jul 5, 2018
Answer to Question 1

b

Answer to Question 2

Answer: TRUE


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
« previous next »
 

Did you know?

The U.S. Preventive Services Task Force recommends that all women age 65 years of age or older should be screened with bone densitometry.

Did you know?

Patients who cannot swallow may receive nutrition via a parenteral route—usually, a catheter is inserted through the chest into a large vein going into the heart.

Did you know?

The lipid bilayer is made of phospholipids. They are arranged in a double layer because one of their ends is attracted to water while the other is repelled by water.

Did you know?

The people with the highest levels of LDL are Mexican American males and non-Hispanic black females.

Did you know?

Your skin wrinkles if you stay in the bathtub a long time because the outermost layer of skin (which consists of dead keratin) swells when it absorbs water. It is tightly attached to the skin below it, so it compensates for the increased area by wrinkling. This happens to the hands and feet because they have the thickest layer of dead keratin cells.

Vinyl record Vinyl record
J. P. Morgan, the financial genius, staved off ruinous competition among steel firms by combining mo J. P. Morgan, the financial genius, staved off ruinous competition among steel firms by combining mo
A color-coded record. A color-coded record.
An example of a résumé that uses a chronological format. An example of a résumé that uses a chronological format.
Practice Problem 86 You are studying the regulatory DNA of a mouse gene expressed in developing ... Practice Problem 86 You are studying the regulatory DNA of a mouse gene expressed in developing ...
A police record search of 250 incoming Grade 10 at a Secondary School shows that 26 had been ... A police record search of 250 incoming Grade 10 at a Secondary School shows that 26 had been ...
Video: Energy Flow - Trophic Levels and Food

For a complete list of videos, visit our video library