The Proper Format for a Journal Entry Includes All of the Following

question 125

Multiple Choice

The proper format for a journal entry includes all of the following, except:

• A) the total amounts of debits must equal the total amount of credits.
• B) skip a line between transactions.
• C) the credit portion of the transaction is always indented.
• D) listed in the order of highest dollar value.

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Definitions:

Asynchronous Message

A form of communication where messages are sent and received at different times, without the need for immediate response.

Time Delay

The period between the initiation of an action or process and its effect or outcome, often seen in communication, signal processing, and transportation.

Live Video-conference

A real-time video communication session among two or more users located at different sites.

Intranet

A private network accessible only by an organization's members, employees, or others with authorization, used to share information, operational systems, or computing services within the organization.