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

Question

Quizplus · Accepted Answer

The standard formatting for a journal entry lists debits first and then credits, with the credits indented underneath the debits. This format helps in distinguishing between the two types of entries clearly.

The Standard Formatting for a Journal Entry