The Statement Concerning Journal and Ledger Accounts That Is True

question 16

Multiple Choice

The statement concerning journal and ledger accounts that is true is:

• A)Ledger accounts are seldom used nowadays since most recording is done on computer packages
• B)In a manual accounting system the ledger is written up before the journal
• C)The left hand side of a ledger account is the debit side
• D)With a manual accounting system a business will normally show all transactions in one journal,the general journal

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Definitions:

Inspecting Work Sites

The process of examining workplace environments and procedures to ensure they meet safety and health regulations and standards.

Informal Caregivers

Individuals who provide care to family or friends with health-related needs or disabilities, typically without formal training or compensation.

Daily Living

Activities that are a regular part of everyday life, including eating, bathing, dressing, moving around, and using the bathroom.

Unpaid Hours

Time spent working without monetary compensation; often includes caregiving, volunteering, and domestic work.