1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
Klio2033 [76]
2 years ago
7

A specialized accounting book in which information is accumulated into specific categories and posted so managers can find all i

nformation about one account in the same place is a.
Business
1 answer:
Hitman42 [59]2 years ago
4 0

A specialized accounting book for accumulating and posting business transactions into specific categories is a ledger.

<h3>What is a ledger?</h3>

A ledger is a specialized accounting tool.  It can also be described as a financial book or computer program.

In the ledger, information from accounting journals is accumulated and posted into specific categories matching the type of accounts.

From the ledger, the trial balance is extracted, which forms the basis for preparing the financial statements that show an entity's financial profitability and position.

Thus, a specialized accounting book for accumulating and posting business transactions into specific categories is a ledger.

Learn more about the ledger accounts at brainly.com/question/17143087

You might be interested in
What steps must countries take to transition to a mixed-market economy?
scoray [572]

Answer:

The steps that contries must take to transition to a mixed-market economy is by first establishing a fair labor market, discouraging all foreign investment and opening up trade to other countries.

7 0
3 years ago
Young Bobby opened a lemonade stand in his front yard. He used $4 worth of lemons, sugar, and cups, and paid his little sister $
Pepsi [2]

Answer:

$2

Explanation:

Surplus value = revenue - cost

Revenue = $1 × 7 = $7

Cost = $4 + $1 = $5

Surplus value = $2

I hope my answer helps you

8 0
3 years ago
The type of cover letter written to inquire about possible job openings: a. Networking letter b. Prospecting letter c. Applicati
aivan3 [116]

Answer:

c

Explanation:

8 0
4 years ago
Read 2 more answers
One of the benefits of a savings account is that it allows your money to grow but there is a high risk associated with it.
MrRa [10]

Answer:

There is low interest rate. There is minimum balance requirement problem. There is federal withdrawal limit.

Explanation:

4 0
3 years ago
Which of the following is NOT an advantage of owning a car?
Yuri [45]
I think it’s D but I’m not sure
5 0
3 years ago
Read 2 more answers
Other questions:
  • Open a general journal for the City of Monroe Community Foundation Trust Fund and record the following transactions for the year
    7·1 answer
  • Abigail is the owner of a tract of land, but Umberto owns the mineral and excavation rights to that land. Umberto commences exca
    14·2 answers
  • Qwan, a U.S. corporation, reports $250,000 interest expense for the tax year. None of the interest relates to nonrecourse debt o
    14·1 answer
  • All else constant, a bond will sell at _____ when the coupon rate is _____ the yield to maturity. Multiple Choice a premium; les
    8·1 answer
  • One of the advantages of off-the-shelf software is that ________________. a. the initial cost is lower because the software firm
    5·1 answer
  • Which of the following is NOT a relevant cash flow and thus should NOT be reflected in the analysis of a capital budgeting proje
    15·1 answer
  • Journalize the following selected transactions of Miramax Rentals. Omit explanations.
    7·1 answer
  • World-Tour Co. has just now paid a dividend of $2.83 per share (Div0); its dividends are expected to grow at a constant rate of
    7·1 answer
  • Manual Company sells goods to Nolan Company during 2017. It offers Nolan the following rebates based on total sales to Nolan. If
    11·1 answer
  • Mention three barriers to interpersonal communication and how to overcome them
    14·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!