A Tool That Represents a Ledger Account and Is Used

question 186

Multiple Choice

A tool that represents a ledger account and is used to show the effects of transactions is called a:

• A)Dividends account.
• B)Retained earnings account.
• C)Trial balance.
• D)T-account.
• E)Balance column sheet.

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Definitions:

Spelling Mistakes

Errors made in the process of writing words, involving incorrect letter sequences, which can affect readability and professionalism.

Synchronous Tools

Digital platforms or software that allow real-time communication and collaboration among users.

Collaboration

The action of working with others to produce or create something.

Microsoft Outlook

A personal information manager software system from Microsoft, primarily used as an email application but also includes calendar, task manager, contact manager, note taking, journal, and web browsing.