Adjusting entries are recorded in the general journal but are not posted to the accounts in the general ledger.( )
举一反三
- A()is a chronological (arrange in order of time ) record of business transactions. A: journal B: ledger accounts C: general ledger
- The essential point of the double-entry system of accounting is that every transaction A: affects accounts on both sides of the balance sheet. B: is recorded in both the journal and the ledger. C: increase one ledger account and decrease another. D: affects two or more ledger accounts and is recorded by an equal amount of debits and credits.
- 中国大学MOOC: A column in journals and ledger accounts used to cross reference journal and ledger entries is the__________.
- Closing is behind the procecess of_____. A: adjusting the accounts B: preparation of financial statement C: preparation of trial balance D: post the general ledger
- The procedure of transferring journal entries to the ledger accounts is called() A: journalizing B: analyzing C: reporting D: posting