Which of the Following Events Does Not Require a Journal

question 60

Multiple Choice

Which of the following events does not require a journal entry?

• A) Purchase of a one-year insurance policy
• B) Agreement to perform a service at a future date
• C) Performance of a service agreed to at a past date
• D) Payment for a service performed previously

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Definitions:

Centered

Being mentally and emotionally stable and focused, maintaining balance and calmness in various situations.

PowerPoint Slide

A single page or screen in a PowerPoint presentation, designed to convey ideas or information visually.

Factual Illustrations

Examples or explanations that are based on facts and real data to clarify or support a point.

Detailed Narrative

A comprehensive and vivid storytelling or account that includes all the relevant particulars and specifics.