Which of the Following Are Tasks You Perform When Creating

question 53

Multiple Choice

Which of the following are tasks you perform when creating tables? Select all the options that apply.

• A) Name the table.
• B) Define the fields in the table.
• C) Select a data type for each field.
• D) Arrange the controls for easy data entry.

Recognize the treatment of cash transactions in accounting.

Understand the basic principles of debits and credits in accounting.

Identify which accounts are increased by debits and which by credits.

Familiarize with the correct abbreviations and terminology used in accounting.

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Definitions:

Liabilities To Stockholders' Equity

Liabilities to Stockholders' Equity ratio indicates the financial leverage of a company, comparing the total liabilities to the total stockholders' equity to assess financial health.

Profitability

A measure of how much profit a business generates compared to its size, sales, or assets.

Debt

Debt is an amount of money borrowed by one party from another, which is expected to be paid back with interest.

Assets

Resources owned by a business that have economic value and can be expressed in monetary terms.