Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

which of the following is false about journal a. it keeps in one place all the information about changes in specific account balances. b. it

which of the following is false about journal

a. it keeps in one place all the information about changes in specific account balances.

b. it helps to prevent errors because debit and credit amounts for each entry can be readily compared.

c. it discloses the complete effect of a transaction.

d. it provides a chronological record of transactions. course hero

Step by Step Solution

There are 3 Steps involved in it

Step: 1

blur-text-image

Get Instant Access to Expert-Tailored Solutions

See step-by-step solutions with expert insights and AI powered tools for academic success

Step: 2

blur-text-image

Step: 3

blur-text-image

Ace Your Homework with AI

Get the answers you need in no time with our AI-driven, step-by-step assistance

Get Started

Recommended Textbook for

Financial Accounting Reporting Analysis And Decision Making

Authors: Shirley Carlon, Rosina Mcalpine, Chrisann Lee, Lorena Mitrione, Ngaire Kirk, Lily Wong

7th Edition

0730395294, 978-0730395294

More Books

Students also viewed these Accounting questions

Question

i need correct answrrs 1 0 2 . ' '

Answered: 1 week ago