Question: Which 2 statements regarding source and target data are true? Source account data must be a balance sheet account Source data provides information about classes

Which 2 statements regarding source and target data are true?

Source account data must be a balance sheet account

Source data provides information about classes

Transactions typically have one line of source data

Transactions cannot have more than one line of target data

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!