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Author Question: A chronological record of financial transactions expressed as debits and credits to accounts is ... (Read 187 times)

sjones

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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

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Reply #1 on: Jul 5, 2018
Answer to Question 1

b

Answer to Question 2

Answer: TRUE


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