Question

Catarina Boards is a skateboard retailer located in Pueblo, New Mexico. Catarina Boards is a sole proprietorship that stocks an inventory of between 30 and 50 different skateboards. Inventory is updated in real time by the AIS. If Catarina wishes to keep detailed information about the purchase price of each skateboard in a place outside of the general ledger, it might use a

A) relational ledger.
B) transaction file.
C) master file.
D) specific ledger.

Answer 1

Catarina Boards, a skateboard retailer, can use a specific ledger to keep detailed information about the purchase price of each skateboard.

Step-by-step explanation:

Catarina Boards, a skateboard retailer, is a sole proprietorship that maintains an inventory of between 30 and 50 skateboards. To keep detailed information about the purchase price of each skateboard outside of the general ledger, Catarina Boards might use a specific ledger.