In the General Ledger, each item is given its own

Question

BlackTom AI · Accepted Answer

Looking at the concept being tested, this question asks about what each item in the General Ledger is assigned to.
Option a: Source document. Source documents are the original records (like invoices or receipts) that feed into journals, not the place where an item in the GL is stored. So this is not correct.
Option b: Trial Balance. The trial balance is a summary of balances from ledger accounts, not the container where each item is individually kept. Therefore this is incorrect.
Option c: Journal. A journal records the initial accounting entries before they are posted to the ledger, so while related, it does not describe the item in the General Ledger itself. This makes this choice inaccurate.
Option d: Ledger account. In proper accounting practice, each item (such as cash, accounts receivable, revenue, etc.) has its own ledger account within the General Ledger to track its debits and credits. This accurately matches the concept described by the question.

In the General Ledger, each item is given its own

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