Author Question: Because the first formal accounting record of a transaction is made in a journal from source ... (Read 73 times)

future617RT

  • Hero Member
  • *****
  • Posts: 543
Because the first formal accounting record of a transaction is made in a journal from source document information, a journal is commonly referred to as a(n)
 a. ledger.
   b. account.
   c. cross-reference.
   d. book of original entry.

Question 2

What is budgeted gross margin for March 2015?
 
  A) 392,040
  B) 396,000
  C) 408,040
  D) 411,940



k.lashomb

  • Sr. Member
  • ****
  • Posts: 346
Answer to Question 1

d

Answer to Question 2

Answer: D



Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
 

Did you know?

Only one in 10 cancer deaths is caused by the primary tumor. The vast majority of cancer mortality is caused by cells breaking away from the main tumor and metastasizing to other parts of the body, such as the brain, bones, or liver.

Did you know?

Less than one of every three adults with high LDL cholesterol has the condition under control. Only 48.1% with the condition are being treated for it.

Did you know?

More than one-third of adult Americans are obese. Diseases that kill the largest number of people annually, such as heart disease, cancer, diabetes, stroke, and hypertension, can be attributed to diet.

Did you know?

Medications that are definitely not safe to take when breastfeeding include radioactive drugs, antimetabolites, some cancer (chemotherapy) agents, bromocriptine, ergotamine, methotrexate, and cyclosporine.

Did you know?

About 600,000 particles of skin are shed every hour by each human. If you live to age 70 years, you have shed 105 pounds of dead skin.

For a complete list of videos, visit our video library