To Add a Department to an Account in a Journal

question 9

Multiple Choice

To add a department to an account in a journal entry -

• A)choose a supplier or customer that has a department added to the ledger
• B)click the + icon beside the account in the select account list and choose the department
• C)there is no need to add the department because the account's ledger record has the information and it is added automatically
• D)none of the above

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Definitions:

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Exchange Rate

is the value of one currency for the purpose of conversion to another, determining how much of one currency can be exchanged for another currency.

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A situation where a country's imports of goods and services exceed its exports, leading to a negative balance of trade.

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The cost of an item or service expressed in terms of the United States currency.