Which of the Following Events Does NOT Require a Journal

question 39

Multiple Choice

Which of the following events does NOT require a journal entry to be made?

• A) A supplier's invoice is received.
• B) A purchase requisition is completed.
• C) A purchase order is generated and delivered.
• D) Both B and C are correct.

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Definitions:

Checking Account

Money stored in an account at a bank or other financial institution that can be withdrawn without advance notice; also called a demand deposit.

Credit Union

A member-owned financial cooperative that provides traditional banking services, like loans and savings accounts, with profits returning to members in the form of reduced fees and higher savings rates.