A journal is not useful for
A) recording in one place the complete effect of a transaction.
B) finding account balances.
C) providing a record of transactions.
D) locating and preventing errors.
Correct Answer:
Verified
Q108: All transactions
A)are entered in the general ledger
Q109: The basic format of a journal would
Q110: When a service has been performed, but
Q111: When a company receives a utility bill
Q112: Transactions recorded in a journal are done
Q114: Which of the following journal entries is
Q115: Deferred revenues are classified as
A)assets on the
Q116: Which of the following accounts probably would
Q117: The first step in the accounting cycle
Q118: When a company has performed a service
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