Which of the following is/are not true about a proper journal entry?
A) An explanation is needed immediately after each debit and immediately after each credit.
B) All credits are indented.
C) A debit is never indented, even if a liability or owner's equity account is involved.
D) All debits are listed before the first credit.
E) In a compound entry, the largest amounts are listed first.

Question

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The Answer of Which of the following is/are not true about a proper journal entry?
A) An explanation is needed immediately after each debit and immediately after each credit.
B) All credits are indented.
C) A debit is never indented, even if a liability or owner's equity account is involved.
D) All debits are listed before the first credit.
E) In a compound entry, the largest amounts are listed first.

Which of the Following Is/are Not True About a Proper