Question: An economic transaction orevent that affects an entity's assets, liability, equity, income or expense is Question 22Answer a. posted in the ledger. b. an accountable

An economic transaction orevent that affects an entity's assets, liability, equity, income or expense is Question 22Answer a. posted in the ledger. b. an accountable event. c. recorded in the books of accounts. d. all of these

Step by Step Solution

There are 3 Steps involved in it

1 Expert Approved Answer
Step: 1 Unlock blur-text-image
Question Has Been Solved by an Expert!

Get step-by-step solutions from verified subject matter experts

Step: 2 Unlock
Step: 3 Unlock

Students Have Also Explored These Related Accounting Questions!