When transactions are entered in a general journal, the asset accounts are listed first, followed by the liability and owner's equity accounts.

Name: When transactions are entered in a general journal, the asset accounts are listed first, followed by the liability and owner's equity accounts.
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In a general journal, transactions are recorded in chronological order, not by the type of account (assets, liabilities, owner's equity).

When Transactions Are Entered in a General Journal, the Asset