Journal entries change the balance in the account. The calculation of the balance does not change the

Question:

Journal entries change the balance in the account. The calculation of the balance does not change the balance. Therefore the calculation of a balance [does / does not] require a journal entry.

Fantastic news! We've Found the answer you've been seeking!

Step by Step Answer:

Related Book For  book-img-for-question

Essentials Of Accounting

ISBN: 9780273771463

11th International Edition

Authors: Leslie K. Breitner

Question Posted: