TheCash account isn’t usually affected by adjusting entries.( )
举一反三
- Adjusting entries are necessary so that asset, liability, revenue, and expense account balances are correctly recorded.
- The account title of a T account appear above the T. Debit entries are depicted to the right of the "T" and credits are shown to the left of the "T".
- The general journal is used for transactions not covered by special journals and for adjusting, closing, and correcting entries. ()
- Adjusting entries are recorded in the general journal but are not posted to the accounts in the general ledger.( )
- The general journal is used for transactions not covered by special journals and for adjusting, closing, and correcting entries. A: 正确 B: 错误