Sometimes Tables Are Created for No Other Purpose Than to Hold

question 87

True/False

Sometimes tables are created for no other purpose than to hold the values that will be used in a Combo Box.

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Definitions:

Final Entries

The journal entries recorded at the end of an accounting period to prepare accounts for the next period or for the preparation of financial statements.

Temporary Accounts

Accounts used to collect information during a specific accounting period and are closed at its end, such as revenues, expenses, and dividends accounts.

Journalizing

The process of recording a transaction in a journal.

Adjustments

Corrections made to financial records and accounts to accurately reflect income and expenses for a period.