If You Wish to See How Formatting Changes Affect Your

question 24

True/False

If you wish to see how formatting changes affect your table,the Preview list on the right side of the New Table Style box that opens under Table Styles gallery lets you do so.

---

Definitions:

Revenues

The total income generated from normal business operations and other activities over a specific time period.

Expenses

The costs incurred in the process of generating revenue, including operational, administrative, and sales costs.

Debits

In accounting, an entry made on the left side of an account, increasing asset or expense accounts, or decreasing liability, equity, or revenue accounts.

Credits

Entries that increase liabilities or equity on the balance sheet or reduce assets.