A software package where an entry for a purchase on account updates both the general ledger and the vendors ledger is an example of: Question 45 options: an accounting database program an integrated accounting software package such as Sage 50 or QuickBooks a one-step accounting package an excel add-on program.

Accounting database program is an accounting utility that stores accounting data in a single…

Answered: an entry for a purchase on account…

FINANCIAL ACCOUNTING

10th Edition

ISBN:9781259964947

Author:Libby

Publisher:Libby

Chapter1: Financial Statements And Business Decisions

Section: Chapter Questions

Problem 1Q

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A software package where an entry for a purchase on account updates both the general ledger and the vendors ledger is an example of:

Question 45 options:

	an accounting database program
	an integrated accounting software package such as Sage 50 or QuickBooks
	a one-step accounting package
	an excel add-on program.

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