In the accounting cycle, information from source documents is initially recorded in the journal.

Name: In the accounting cycle, information from source documents is initially recorded in the journal.
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In the accounting cycle, information from source documents is initially recorded in the journal. This is the first step in the process of recording business transactions. The journal is a chronological record of all transactions, and it serves as the basis for making entries in the ledger accounts.

In the Accounting Cycle, Information from Source Documents Is Initially