Preliminary review of the income statement


Problem: In her preliminary review of the Income Statement printed from the company's computer accounting software, the controller of ACME Corp. notices an unexpected increase in the Supplies Expense. In order to determine what transactions comprised the balance of the Supplies Expense account, which of the following should the controller examine first?

1. The Check Register

2. The Accounts Payable Journal

3. The Trial Balance

4. The General Ledger

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Accounting Basics: Preliminary review of the income statement
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