The Purpose of the Ledger Is to

question 41

Multiple Choice

The purpose of the ledger is to

• A) keep a record of documentation to support each transaction.
• B) make sure that all assets, liabilities, etc., have credit balances at all times.
• C) record chronologically the day's transactions.
• D) maintain a separate account for each asset, liability, etc.

---

Definitions:

Hormones

A substance secreted by an endocrine gland that regulates various body functions.

Pituitary Gland

A small endocrine gland in the brain controlling various physiological processes through the release of hormones.

Bloodstream

The flowing blood within the circulatory system of the body, carrying oxygen, nutrients, and waste products to and from the tissues.

Neurotransmitters

Chemical substances in the brain that transmit signals from one neuron to another, playing a key role in the function of the nervous system.