Which of the following statements about a journal is false (a) It is not a book of original entry (b) It provides a chronological record of transactions (c) It helps to locate errors because the debit and credit amounts for each entry can be readily compared (d) It discloses in one place the comple...

Which of the following statements about a journal is false? (a) It is not a book of

Question:

Which of the following statements about a journal is

false?

(a) It is not a book of original entry.

(b) It provides a chronological record of transactions.

amounts for each entry can be readily compared.

(d) It discloses in one place the complete effect of a

transaction.

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Financial Accounting Reporting, Analysis And Decision Making

ISBN: 9780730363279

6th Edition

Authors: Shirley Carlon

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Question Posted: Feb 07, 2024 03:00 AM

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Which of the following statements about a journal is false? (a) It is not a book of

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Financial Accounting Reporting, Analysis And Decision Making

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