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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