Which of the Following Is True

question 4

Multiple Choice

Which of the following is true?

• A)Families are getting bigger,across most populations
• B)The U.S.is growing older,median age is rising
• C)Minority groups are slowing down,getting smaller
• D)There are 59 federally recognized Indian tribes in the United States

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Definitions:

Book Of Original Entry

The book of original entry, also known as the journal, is the first place where transactions are recorded in the accounting system according to the date order.

Journal

A detailed record where all financial transactions of a business are entered chronologically.

Bookkeeping Device

A tool or system used for recording and organizing financial transactions.

Ledger

A comprehensive collection of a company's financial accounts, including assets, liabilities, equity, revenue, and expenses.