If No Transactions Were Posted to a Particular Asset,liability,or Shareholders

question 96

Multiple Choice

If no transactions were posted to a particular asset,liability,or shareholders' equity account during a period then:

• A)the amounts from the previous balance sheet are repeated unchanged on the current balance sheet.
• B)the account is left off of the balance sheet.
• C)the account is posted as zero on the current balance sheet for that account.
• D)the words "no change" are entered in the current balance sheet.

---

Definitions:

Outsourcing Decision

The process of determining whether certain business operations or services should be performed in-house or contracted to external providers.

Spreadsheet

A digital worksheet that organizes data in columns and rows, allowing for data manipulation and analysis, commonly used in business and finance.

Outsourcing Decision

involves choosing whether to perform a business operation internally or to hire an external organization to perform it.

Spreadsheet

A digital worksheet that organizes, calculates, and analyzes data through a grid of cells arranged in rows and columns.