A journal entry is a notation that records a single transaction in the chronological accounting record known as the book of original entry.
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Q3: A credit to an asset account means
Q4: A debit has an unfavorable effect on
Q17: In accounting,to recognize means to record a
Q20: A decrease in the Retained Earnings account
Q23: The general journal is a chronological record
Q23: In a journal entry,debits are always indented.
Q25: When a transaction results in an account
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