Examlex

Solved

Which of the Following Was Not a Result of the Adoption

question 24

Multiple Choice

Which of the following was not a result of the adoption of mechanical calculators?


Definitions:

Permanent

Refers to accounts that represent the financial standing of a company and carry their ending balances over from one accounting period to the next, such as assets, liabilities, and equity accounts.

Federal Treasury

A government's department responsible for managing public revenue, including issuing currency, collecting taxes, and funding public services.

Permanent

Refers to accounts or records in the general ledger that are not closed at the end of the accounting period, such as assets, liabilities, and equity accounts.

Related Questions