Multiple Choice
Which of the following is false about a journal?
A) It discloses in one place the complete effects of a transaction.
B) It provides a chronological record of transactions.
C) It helps to prevent or locate errors because debit and credit amounts for each entry can be readily compared.
D) It keeps in one place all the information about changes in specific account balances.
Correct Answer:
Verified
Correct Answer:
Verified
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