Which of the following is not an essential part of the accounting records?
A) journal
B) ledger
C) chart of accounts
D) end-of-period spreadsheet

Question

Quizplus · Accepted Answer

While an end-of-period spreadsheet may be useful for analyzing and summarizing financial information, it is not considered an essential part of the accounting records. The journal, ledger, and chart of accounts are all fundamental components of the accounting system.

Which of the Following Is Not an Essential Part of the Accounting