This report lists transactions subtotaled by each account on the chart of accounts.
A)Statement of Cash Flows.
B)Balance Sheet.
C)Summary transaction report for a specific period.
D)Transaction Detail by Account.
E)None of these.

Question

Quizplus · Accepted Answer

A report that lists transactions subtotaled by each account on the chart of accounts is known as a Transaction Detail by Account. This type of report provides detailed information about the transactions that have occurred within each account, making it easier to track and analyze financial activity.

This Report Lists Transactions Subtotaled by Each Account on the Chart