Question

______ are used to accumulate and report the effects of each different business activity separately rather than combining the various types of activities together.

Answer 1

The accounting item that is used to perform the activity of accumulating and reporting transactional effects is Accounts.

What is an Account?

• This is record that allows for the recording of business activities.
• Is shown in ledger books depending on which general activity it relates to.

Accounts allow us to accumulate information related to a business transaction in such a way that all information related to that transaction are located in the same place.

In conclusion, this is an account.

Find out more on accounts at https://brainly.com/question/24702831.