Which of the Following Are Used to Document Entries Made

question 4

Multiple Choice

Which of the following are used to document entries made to update the general ledger?

• A)general journal
• B)subsidiary journal
• C)subsidiary ledgers
• D)journal vouchers

---

Definitions:

Deficit

An economic condition when a government's expenditures exceed its revenues, leading to borrowing or spending reserves.

National Debt

The sum of funds that a nation's government has acquired through different borrowing methods.

Deficit

A financial situation where expenses exceed revenues, income, or assets for a certain period, often referring to government budgets.

Federal Budget Deficit

The financial situation where the government's expenditures exceed its revenues in a given fiscal year, leading to borrowing.