The Checklist for Family Data Should Include All of the Following

question 19

Multiple Choice

The checklist for family data should include all of the following EXCEPT:

• A)Tangible personal property, including personal effects and clothing of considerable value
• B)Age and marital status of the testator
• C)Mental and physical health of the testator and spouse
• D)Full names, addresses, and phone numbers of the participants

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Definitions:

Journal Entry

A record in accounting that notes every financial transaction in the books via debits and credits.

Balanced Entry

An accounting entry where the sum of debits equals the sum of credits, maintaining the balance of the accounting equation.

Owner's Capital

The amount of equity a business owner has invested in the firm plus any profits retained in the business.

Revenues

The income generated from normal business operations and other activities.