All Business Transactions Must Be Entered First in the General

question 19

True/False

All business transactions must be entered first in the general ledger.

---

Definitions:

Computer System

An electronic device capable of executing a series of instructions to process data.

Virus

A biological infectious agent that replicates only inside the living cells of an organism, potentially causing disease.

Dormant

A state of inactivity or minimal activity, often used to describe a business that is not currently active but still exists legally.

DVD Drives

A device that reads and, in some cases, writes data to a DVD disc, used in computers, entertainment systems, and some recording and playback hardware.