The standard formatting for a journal entry lists the dollar amounts for:
A)credits underneath and to the right of the dollar amounts for debits.
B)debits and credits aligned equally to the right.
C)debits underneath and to the right of the dollar amounts for credits.
D)debits and credits aligned equally to the left.

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).

The Standard Formatting for a Journal Entry Lists the Dollar