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6. On June 5, Manuel bought a truck to be converted to a burger food truck and financed this purchase with cash and a bank
6. On June 5, Manuel bought a truck to be converted to a burger food truck and financed this purchase with cash and a bank loan in terms of a notes payable. This is an example of a: a. simple entry. b. compound entry. C. multiple entry. d. proper entry 7. In journalizing, one should always: a. enter the credit entry first, then the debit entry. b. enter the debit entry first, then the credit entry. c. ignore the date as it is the total at the end of month that is important d. post the transaction first before starting the journalizing process as it is more efficient
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