A General Journal Is

question 113

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 all transactions in chronological order 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:

White Uniform

Clothing traditionally worn by medical and healthcare professionals to denote cleanliness and professionalism.

Rapid Acquisition

The quick initial stage of learning or gaining information.

CR

Conditioned Response; a learned response to a previously neutral stimulus that has become associated with an unconditioned stimulus.

Discrimination

The unjust or prejudicial treatment of different categories of people, especially on the grounds of race, age, or sex.