A Complete Journal Entry Does not Show

question 143

Multiple Choice

A complete journal entry does not show

• A)the date of the transaction.
• B)the new balance in the accounts affected by the transaction.
• C)a brief explanation of the transaction.
• D)the accounts and amounts to be debited and credited.

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Definitions:

Accepted Behavior

Actions or conduct that are generally recognized and approved by a society or group.

Generalized Beliefs

Beliefs that are broad, without specific details, and apply to many different situations.

People's Explanations

The reasons or justifications individuals give to make sense of their behaviors or occurrences in their environment, often studied in the context of attribution theory.

Culture

The shared beliefs, values, norms, behaviors, and material objects that constitute a people’s way of life.