The record in which transactions are first recorded is the:
A) Account balance.
B) Ledger.
C) Journal.
D) Trial balance.
E) Cash account.

Question

Quizplus · Accepted Answer

The journal is the record in which financial transactions are first recorded in chronological order. It serves as a primary record of financial transactions and provides the necessary information for posting to the ledger accounts.

The Record in Which Transactions Are First Recorded Is The