The first place a transaction is recorded is in the:
A) journal
B) trial balance
C) source document
D) general ledger
Correct Answer:
Verified
Q16: The revenue accounts come before the expense
Q17: Which of the following statements is NOT
Q18: When transactions are entered in a general
Q19: A ledger is sometimes referred to as
Q20: When a transaction is entered in a
Q22: Identify the entry below that records the
Q23: Which of the following statements is CORRECT?
A)Accounts
Q24: If the owner of the business wants
Q25: The journal entry to record the payment
Q26: The journal entry to record the receipt
Unlock this Answer For Free Now!
View this answer and more for free by performing one of the following actions
Scan the QR code to install the App and get 2 free unlocks
Unlock quizzes for free by uploading documents