The ____ Button Assigns a Fixed Dollar Sign to the Numbers

question 108

Multiple Choice

The ____ button assigns a fixed dollar sign to the numbers in a selected range,with the dollar sign to the far left with spaces between it and the first digit in the cell.

• A) Comma style format
• B) Accounting number format
• C) Percent style format
• D) Currency style format

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Definitions:

Note Receivable

A written promise for the payment of a specified amount of money, by a debtor to the lender, with interest, at a future date.

Journalize

The process of recording financial transactions in a journal, which is the first step in the accounting cycle.

Bank Reconciliation

The process of matching and comparing figures from the accounting records against those shown on a bank statement to ensure they are in agreement and correct.

Adjusted Balance

The account balance after adjustments have been made for interest, payments, and charges.