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The proper format for a journal entry includes all of the following, except: A) the total amounts of debits must equal the total amount of
The proper format for a journal entry includes all of the following, except:
A) the total amounts of debits must equal the total amount of credits.
B) skip a line between transactions.
C) the credit portion of the transaction is always first.
D) listed in chronological order.
A) the total amounts of debits must equal the total amount of credits.
B) skip a line between transactions.
C) the credit portion of the transaction is always first.
D) listed in chronological order.
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ANSWER C the credit portion of the transaction is always first A credit is an entry made on the righ...
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Intermediate Accounting
Authors: James D. Stice, Earl K. Stice, Fred Skousen
16th Edition
324376375, 0324375743I, 978-0324376371, 9780324375749, 978-0324312140
