The journal is known as the book of final entry because financial statements are prepared from it.
举一反三
- The process of transferring information from journal to the ledger is known as . ( ) A: posting B: preparing a trial balance C: journalizing D: preparing financial statements
- What is the specific order of the recording process? A: Journal, trial balance, financial statements, ledger, transaction documentation B: Transaction documentation, journal, ledger, trial balance, financial statements C: Transaction documentation, ledger, journal, trial balance, financial statements D: Trial balance, financial statements, ledger, journal, transaction documentation E: Ledger, journal, transaction documentation, trial balance, financial statements
- The journal is known as a book of original entry.
- The journal is known as a book of original entry. A: 正确 B: 错误
- The process of transferring journal entry information from the journal to the ledger iscalled____________ . It leaves a helpful ____________ in checking for accuracy.