The Body of the Form Is in the _____ Section

question 59

Multiple Choice

The body of the form is in the _____ section.

• A) Body
• B) Main
• C) Detail
• D) Record

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Definitions:

Accounting Records

Documents that businesses use to track their financial transactions and maintain financial accountability.

Journal

A record where all financial transactions are initially noted before they are posted to individual accounts in the ledger.

Revenues

The total amount of money received by a company for goods sold or services provided during a specific period.

Net Income

The remaining profit of a company after it has paid all operational expenses and taxes from its revenue.