Match the characteristics to the types of accounts. records entries in
chronological order

T- Shaped account

has explanations for each
entry

has a closing account
balance

second step in accounting
cycle

Match them to either Journal or Ledger

Pam is a low-risk careful driver and fran is a high-risk aggressive driver. to reveal their driver types, an auto-insurance company a. refuses to insure high-risk drivers b. charges a higher premium to owners of newer cars than to owners of older cars c. offers policies that enable drivers to reveal their private information d. uses a pooling equilibrium e. requires drivers to categorize themselves as high-risk or low-risk on the application form