In Account Maintenance, what is the purpose of Posting Type?

Question

Options

• ADetermines which account category can be assigned to the account.
• BDetermines when the account balance will print in brackets on a report.
• CDetermines whether or not the balance in the account is a debit or a credit.
• DDetermines which accounts are closed to retained earnings at the end of the fiscal year.

• B
  6% (1)
• C
  11% (2)
• D
  83% (15)

No community discussion yet for this question.