A Ledger Is

question 45

Multiple Choice

A ledger is:

• A)A record containing all accounts (with amounts) for a business.
• B)A journal in which transactions are first recorded.
• C)A collection of documents that describe transactions and events during the accounting process.
• D)A list of all accounts with their debit balances at a point in time.
• E)A list of all accounts a company uses and includes an identification number assigned to each account.

---

Definitions:

Relevant Examples

Examples or instances that closely relate to or effectively illustrate a specific point or context.

Process

A series of actions or steps taken in order to achieve a particular end.

Dialogue

A conversation or exchange of ideas between two or more individuals aimed at reaching a mutual understanding or solving a problem.

Proxemics

The study of human use of space and the effects that population density has on behavior, communication, and social interaction.