Examlex

Solved

Match the Intangible Assets Described with Their Proper Classification (A-D)

question 148

Multiple Choice

Match the intangible assets described with their proper classification (a-d) .

-Mickey Mouse


Definitions:

Special Journal

A specialized accounting journal designed to record and summarize specific types of transactions efficiently.

Post. Ref.

A reference column in a journal entry that indicates the ledger account number where the entry appears, aiding in the tracking of transactions.

Posting Process

The act of transferring entries from the journal to the ledger accounts in bookkeeping.

Subsidiary Ledger

A detailed ledger that contains all the transaction details of a specific account, which are then summarized in the general ledger.

Related Questions