21. The best place to look in a company's accounting system, if you wanted to see all of the accounts affected by a single transaction, would be? A. The General Journal B. The General Ledger C. A Trial Balance D. The Chart of Accounts E. None of the above 22. If a journal entry that affects only two accounts increases an asset as one part of the entry, what might the other part of the entry do? A. Increase another asset account B. Increase an expense account C. Increase a liability account D. Decrease a revenue account E. None of the above 23. Which of the following is True? A. The Balance Sheet covers a period of time - the Income Statement reports on a point in time B. The Income Statement covers a period of time - the Balance Sheet reports on a point in time C. The Income Statement and the Balance Sheet cover a period of time D. The Income Statement and the Balance Sheet report on a point in time E. None of the above 24. Which of the following statements is True? A. The normal balance for the Cost of Goods Sold account is a Credit. B. The Retained Earnings account will always start the accounting period with a zero balance. c. When you Debit an expense account you can say that you increased the expense account and decreased owners' equity. D. The normal balance for the Retained Earnings account is a Debit. E. Retained Earnings is the amount of Cash available to pay a dividend