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Which of the following is false about a journal? It discloses in one place the complete effects of a transaction. It helps to prevent or
Which of the following is false about a journal?
It discloses in one place the complete effects of a transaction.
It helps to prevent or locate errors because debit and credit amounts for each entry can be readily compared.
It keeps in one place all the information about changes in specific account balances.
It provides a chronological record of transactions.
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Managerial Accounting
Authors: Ramji Balakrishnan, Konduru Sivaramakrishnan, Geoff B. Sprinkle
2nd edition
1118385381, 978-1118385388
