An Example of a Non-Posting Account Is ________

question 27

Multiple Choice

An example of a non-posting account is ________.

• A)Employee Expense
• B)Inventory
• C)Purchase Orders Account
• D)Accounts Payable

Develop awareness and strategies to deal with personal biases, assumptions, and stereotypes towards clients.

Examine methods for assessing and minimizing safety risks for social workers and interns.

Understand the significance of setting and maintaining professional boundaries.

Explore the concept of value imposition and its ethical implications in client-professional relationships.

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Definitions:

Trial Balance

An accounting report that lists the balances of all ledgers accounts in two columns, debits and credits, to ensure that the total debits equal total credits.

Chart of Accounts

An organized list of all the accounts in a company's general ledger, used for recording transactions and preparing financial statements.

Statement of Owner's Equity

A financial document showing the changes in the equity of a business over a specific period, including contributions, withdrawals, and earnings.

Trial Balance

An accounting report that lists the balances of all ledgers accounts to ensure the sum of debits equals the sum of credits, used as a check on the accuracy of the postings.