Multiple Choice
Which one of the statements below is not a purpose for the journal?
A) to show increases and decreases in accounts
B) to show a chronological order by date
C) to show a complete transaction in one place
D) to help posting transactions to ledger
Correct Answer:

Verified
Correct Answer:
Verified
Q82: A trial balance determines the accuracy of
Q96: The post reference notation used in the
Q144: Expense accounts are increased by credits.
Q168: The debit side of an account<br>A) depends
Q169: Expenses can result from<br>A) paying dividends<br>B) consuming
Q176: Several transactions are listed below, with the
Q177: The Post. Ref. columns are used to
Q180: Expenses use up assets or consume services
Q197: Journal entries can have more than two
Q202: Office supplies purchased by Ari's Alarm Service