A General Journal Entry Usually Includes Information About the Date

question 96

True/False

A general journal entry usually includes information about the date of a transaction, titles of affected accounts, dollar amount of each debit and credit and an explanation of the transaction.

---

Definitions:

Squareness

The degree to which two surfaces or lines form a perfect 90-degree angle, indicating precision and alignment.

Roundness

A geometric tolerance that limits the amount by which the surface of a part can deviate from a perfect circle.

Flatness

A geometric tolerance that specifies the maximum allowable deviation of a surface from being perfectly flat.

Geometric Tolerance

The maximum permissible deviation in shape and location for a geometric element.