Accountıng I Deneme Sınavı Sorusu #1174245

Which of the following is incorrect information about journal and journalizing?


The journal is the main book which includes the original entries of company’s transactions.

Journal is referred to as a book of original entry.

In a journal entry, credits are intended and listed second. 

In a journal entry, credits are always entered first. 

Entering transaction data in the journal is known as journalizing.


Yanıt Açıklaması:

The correct answer is D. Because in a journal entry, debits are always entered first, and credits are intended and listed second.

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