Which of the Following Statements Is True About a Journal

question 100

Multiple Choice

Which of the following statements is true about a journal entry?

• A) The Post. Ref. column is filled in prior to posting.
• B) All debits are listed before any credits.
• C) The name of the month should be repeated for each entry.
• D) An explanation must follow each debit and each credit.

---

Definitions:

Problem Solving

The process of identifying a problem, developing possible solutions, and choosing and implementing the best solution.

Cognitive Development

Refers to the growth and change in a person's ability to think, reason, and understand over time.

Piaget

A reference to Jean Piaget, a Swiss psychologist known for his pioneering work in the field of cognitive development in children.

Formal Operations

The final stage in Piaget's theory of cognitive development, starting around age 12, where individuals develop the ability to think abstractly and logically.