Which of the Following Items Would Not Be Included in the Journal

question 1

Multiple Choice

Which of the following items would not be included in the journal entry for a transaction?

• A) the names of the source documents used to record the accounting transaction
• B) the date the accounting transaction was entered into the accounting system
• C) the titles of the accounts that will be used as debits and credits in the transaction
• D) the dollar amounts used to record the debits and credits in the transaction

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Definitions:

Marginal Product

The additional output that is produced by using one more unit of a particular input.

Total Product

The overall amount of products or services generated by a company during a specified timeframe.

Average Product

The output per unit of input, calculated by dividing total output by the total quantity of input.

Production Technology

Techniques, equipment, and software used in the production of goods and services.