On a Chart Created in Excel, the Vertical Axis Is

question 23

Multiple Choice

On a chart created in Excel, the vertical axis is called the ____.

• A) x-axis
• B) y-axis
• C) data marker
• D) legend

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Definitions:

Debits and Credits

Accounting entries that either increase or decrease accounts on a company's balance sheet and income statement.

Posting Process

The act of transferring entries from a journal to the corresponding accounts in the ledger as part of the accounting cycle.

Journal

A detailed record of all financial transactions, used as the primary source for all accounting entries.

Ledger

A comprehensive collection of a company's financial accounts, transactions, and balances over a period.