The record used to accumulate monetary information for each individual asset, liability, stockholders' equity, revenue, and expense item is aan)
A)Account
B)General Journal
C)General Ledger
D)Chart of Accounts

Question

Quizplus · Accepted Answer

An account is a record used to accumulate monetary information for each individual asset, liability, stockholders' equity, revenue, and expense item.

The Record Used to Accumulate Monetary Information for Each Individual