What Is the Purpose of a Non-Posting Account

question 16

Multiple Choice

What is the purpose of a non-posting account?

• A)To calculate income.
• B)To track information necessary to the accounting information system.
• C)To calculate expenses.
• D)To identify owner's equity.

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Definitions:

24 Hours

A full day period consisting of 24 consecutive hours.

Calendar Folder

denotes a specifically designated folder within a digital calendar system where users can organize and manage their events, appointments, and reminders.

Appointment

A scheduled meeting or arrangement, especially in professional contexts, often noted in a calendar or schedule.

Meeting Request

A communication, often in the form of an email, requesting the recipient's presence at a scheduled meeting.