The Way Field Values Are Stored,displayed,and Processed in an Access

question 26

Short Answer

The way field values are stored,displayed,and processed in an Access database is determined by the ____________________.

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Definitions:

Journalize

The process of recording financial transactions in the chronological order in a company's general journal.

Depreciation

Systematic assignment of a tangible asset’s value over its functional lifespan.

Adjusting Entry

An accounting entry made in the general ledger to record changes in account balances not captured during the accounting period.

Income Statement

A financial statement that shows a company's revenues and expenses over a specific period, culminating in the net profit or loss.