For both accounts and amounts,the standard formatting for a journal entry lists:
A)credits first and then debits,both aligned to the left.
B)credits first and then debits,indented underneath.
C)debits first and then credits,both aligned to the right.
D)debits first and then credits,indented to the right underneath.

Question

Quizplus · Accepted Answer

Debits appear first (on top).Credits are shown below the debits and are indented to the right (both the words and the amounts).

For Both Accounts and Amounts,the Standard Formatting for a Journal