As Shown in the Accompanying Figure, A(n) ____________________ Appears in the Left

question 52

Short Answer

As shown in the accompanying figure, a(n) ____________________ appears in the left margin next to text that has been changed in any way.

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Definitions:

Supplies Used

The amount of materials and goods utilized during a specific period for the operation of a business.

General Journal

A primary accounting record where all financial transactions are initially recorded, before being posted to specific accounts in the ledger.

Horizontal Analysis

A financial analysis technique that compares historical financial data over a series of reporting periods, using a base year as a comparison.

Vertical Analysis

A method of financial statement analysis in which each entry for each of the three major categories of accounts (assets, liabilities, and equities) in a balance sheet is represented as a proportion of the total account.