Which of the Following Items of Information Would Not Normally

question 93

Multiple Choice

Which of the following items of information would not normally be included in a journal entry?

• A) the date the transaction took place
• B) the dollar amount of the debit
• C) the title of the account debited
• D) the location where the transaction took place

---

Definitions:

Net Investment Income

Income received from investment assets (like shares or bonds) minus fees, costs, and taxes associated with the investment.

Foreign Countries

Nations or territories outside one's own country, often referred to in the context of international trade, travel, or diplomatic relations.

U.S. Investments

Funds or resources allocated by individuals, corporations, or the government within the United States in hopes of generating positive returns or economic growth.

Importer

An individual or organization that buys goods from other countries for resale or use in the domestic market.