Multiple Choice
Which of the following is a true statement?
A) In most accounting systems, the journal, but not the ledger is computerized.
B) In the phrase "keeping the books," books refers to the journals and the ledger.
C) The journal entry shows the balance in each account.
D) If entries are correctly entered in the journal, the same data does not need to be entered in the ledger.
Correct Answer:
Verified
Correct Answer:
Verified
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