Which of the Following Financial Report(s) Reflect the Effects of Debit

question 49

Multiple Choice

Which of the following financial report(s) reflect the effects of debit and credit General Journal entries used in payroll accounting? (Select all that apply.)

• A) Income Statement
• B) Trial Balance
• C) Balance Sheet
• D) Labor Distribution Report

---

Definitions:

Marsh Wren

A small North American bird that inhabits marshes and reed beds, known for its distinctive loud song and nest-building behavior.

Monogamy

A mating system in which a male animal mates with a single female during a breeding season.

Parental Care

Behaviours exhibited by parents towards their offspring to ensure their growth, survival, and success.

Offspring Survival

The ability of offspring to live past infancy and reach maturity, influenced by genetic, environmental, and parental factors.