Which of the Following Accounts Would Appear in the General

question 1

Multiple Choice

Which of the following accounts would appear in the general ledger of a partnership?

• A) Dividends paid account.
• B) Retained earnings account.
• C) Common share accounts.
• D) Drawings accounts.

---

Definitions:

Relational Symbol

A symbol used in programming and mathematics to compare two values; examples include >, <, ==, !=.

Nested If Statement

An If statement that is contained within another If statement, allowing for more complex decision-making processes with multiple conditions.

Second If-Else Statement

A subsequent conditional statement in a program that executes one block of code if its condition is true, otherwise executes another block of code.

Indentation

The practice of using spaces or tabs at the beginning of lines of code to make the structure and hierarchy clearer.