An Accounting Tool Used to Record Increases and Decreases in Individual

question 118

Multiple Choice

An accounting tool used to record increases and decreases in individual Assets, Liabilities, Capital, Revenue, Expenses, and Owner's Drawing is a(n) :

• A) chart of accounts.
• B) account.
• C) trial balance.
• D) footing.

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Definitions:

Text Box

A graphical user interface element that allows users to input text into a designated area within a document, form, or webpage.

State Field

a component in forms or databases designed to capture or display the status or condition of an item, such as an address's state in a contact form.

Field List

A component in database and spreadsheet software that shows a list of fields available for queries, forms, or reports.

Report Design View

A tool or mode in database and reporting software that allows users to arrange and design the layout and content of reports before they are generated.