Which Would NOT Be Considered Part of the Ledger or Journal

question 4

Multiple Choice

Which would NOT be considered part of the ledger or journal entry?

• A)Date of transaction
• B)Account names involved  
• C)Dollar amount of charges
• D)Total receipts

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Definitions:

Guarantee

A formal pledge to ensure the fulfillment of a contract or the performance of an obligation, sometimes by providing a replacement or repair in case of default.

Restraint of Trade

Limitations or restrictions on individuals' or companies' business conduct aimed at promoting fair competition and reducing monopolistic practices.

Employment Contract

A formal agreement between an employer and an employee outlining the terms, conditions, duties, and responsibilities of the employment relationship.

Public Interest

The welfare or well-being of the general public, often considered in legal and policy decisions to ensure benefits or protection for society as a whole.