Entering a transaction in the journal is also known as booking the journal entry.
Correct Answer:
Verified
Q102: The process of copying the information from
Q103: The journal is a grouping of all
Q104: Posting is:
A)copying the information from the journal
Q105: When an expense account is increased:
A)an amount
Q106: The ledger:
A)is a grouping of all of
Q108: Which of the following transactions includes a
Q109: The entry to record the purchase of
Q110: An account will have a debit balance
Q111: Which of the following items would NOT
Q112: Entries are listed in the journal:
A)alphabetically.
B)chronologically.
C)with income
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