Multiple Choice
The process of recording a transaction in the journal is called
A) balancing
B) journalizing
C) posting
D) summarizing
Correct Answer:

Verified
Correct Answer:
Verified
Related Questions
Q94: The chart of accounts for Corning
Q98: When an account receivable is collected in
Q106: On October 30, JumpStart pays $3,330 in
Q110: Dividends decrease stockholders' equity and are listed
Q111: Which of the following entries records the
Q144: Expense accounts are increased by credits.
Q148: To determine the balance in an account,
Q204: An overpayment error was discovered in computing
Q211: If the two totals of a trial
Q231: Proof that the dollar amount of the