A Simple Tool That Is Widely Used in Accounting to Represent

question 233

Multiple Choice

A simple tool that is widely used in accounting to represent a ledger account and to understand how debits and credits affect an account balance is called a:

• A)Dividends account.
• B)Common Stock account.
• C)Asset account.
• D)T-account.
• E)Balance column sheet.

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Definitions:

Leptin

A hormone produced by fat cells in the body that helps to regulate body weight by inhibiting hunger and thereby reducing food intake.

Homeostasis

The body's automatic tendency to maintain a stable internal environment.

Need

A psychological or physiological requirement for the well-being of an organism.

Body Fluids

Encompasses liquids within the human body that perform vital functions, including blood, lymph, and cerebrospinal fluid among others.