The general journal provides a place for recording all of the following except____________.
A: the transaction date
B: the names of the accounts involved
C: the amount of each debit and credit
D: an explanation of the transaction
E: the balance in each account
A: the transaction date
B: the names of the accounts involved
C: the amount of each debit and credit
D: an explanation of the transaction
E: the balance in each account
举一反三
- 中国大学MOOC: The general journal provides a place for recording all of the following except____________.
- 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
- A journal gives a complete record of each transaction in one place, and shows the debits and credits for each transaction.
- An attorney performs services of $1,100 for a client and receives $400 cash, with the remainder on account. The journal entry for this transaction would A: debit Cash, debit Service Revenue, credit Accounts Receivable. B: debit Cash, debit Accounts Receivable, credit Service Revenue. C: debit Cash, credit Service Revenue. D: debit Cash, credit Accounts Receivable, credit Service Revenue.
- Matthew Company purchases a trading security for $12,000 cash. The journal entry to record this transaction will include a: A: debit to the Investment in Trading Securities account and a credit to Cash. B: debit to Cash and a credit to the Investment in Trading Securities account. C: debit to Long-term Investment and credit Cash. D: debit to Dividend Revenue and credit to Cash.