A General Journal Is

question 81

Multiple Choice

A general journal is:

• A) A ledger in which amounts are posted from a balance column account.
• B) Not required if T-accounts are used.
• C) A complete record of any transaction and the place from which transaction amounts are posted to the ledger accounts.
• D) Not necessary in electronic accounting systems.
• E) A book of final entry because financial statements are prepared from it.

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Definitions:

Normally Open Relay

A type of electrical relay whose contacts are open in its resting state, closing to complete a circuit when activated.

Instruction A

Instruction A is not a specifically defined term in general contexts and may refer to the first or a particular instruction within a set in specific applications or systems.

Examine If Closed

A control system instruction or condition check to determine whether a circuit or valve is in its closed or off state.

Examine If Open

A control logic instruction used in PLC programming to check if a specific condition or input is false or "open" before executing subsequent instructions.