Multiple Choice
Preparing a journal entry in proper form involves all the following except:
A) Listing all accounts debited before any credits.
B) Computing the balances in accounts involved in the transaction.
C) Indicating the date of transaction.
D) Providing a brief written explanation of the transaction.
Correct Answer:

Verified
Correct Answer:
Verified
Q15: The credit side of an account is
Q33: A trial balance that balances provides proof
Q36: Listed below are accounts of Global
Q39: In February of each year, the Carlton
Q42: If a company purchases equipment for cash:<br>A)
Q44: The following transactions occurred during May, the
Q46: In a ledger, debit entries cause:<br>A) Increases
Q48: Liability accounts should only be debited and
Q123: Every transaction which affects an income statement
Q124: Eagle News has a $6,000 account receivable