Which of the following is true of Header accounts in the MYOB Accounts List? 1. Header...
Which of the following is true of Header accounts in the MYOB Accounts List?
1. Header accounts are used only for report presentation purposes
2. Transactions cannot be posted directly to Header accounts
3. Sub-totals can be shown against Header accounts, but these are simply a “roll up” of the
4.Detail account balances beneath them
5.All of the above
Homework Answers
5. All of the above.
Header accounts are used only for report presentation purpose.
Transactions cannot be posted directly to Header accounts.
Sub-totals can be shown against header accounts, but these are simply a "roll up" .of detail account balances beneath them.
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