Each Account Is Assigned a Number

question 19

Multiple Choice

Each account is assigned a number. This systematic listing of all accounts is called a

• A) Trial Balance
• B) General Journal
• C) General Ledger
• D) Chart of Accounts

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Definitions:

Federal Treasury

The department of the U.S. government responsible for managing government revenue, issuing currency, and overseeing the nation's financial operations, including the Federal Reserve and national debt.

Manufactured Goods

Items produced from raw materials through the use of labor, machinery, and technology in industrial settings, intended for use or sale.

Waving the Bloody Shirt

A phrase used to describe the use of the memory or image of war and its casualties by politicians to criticize opponents or rally support, originally associated with post-Civil War U.S. politics.

Civil War Animosities

Hostility and resentment that lingered between the Northern and Southern United States after the Civil War, affecting the country's social and political landscape.