A(n)_______________ summarizes all transactions related to a particular item over a period of time.
A)Debit
B)Account
C)Chart of accounts

Question

Quizplus · Accepted Answer

A summary of all transactions related to a particular item over a period of time is called an Account. A debit is a transaction that increases the balance of an account, and a chart of accounts is a list of all accounts used by a business.

A(n)_______________ Summarizes All Transactions Related to a Particular Item Over