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.

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Definitions:

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An amendment to the U.S. Constitution that protects citizens from unreasonable searches and seizures by the government.

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An individual or company operating in the private sector that hires employees for the purpose of conducting business.