Transactions Are First Record in a ________

question 66

Multiple Choice

Transactions are first record in a ________.

• A)chart of accounts
• B)trial balance
• C)journal
• D)ledger

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Definitions:

Virtuous Life

Living a life characterized by moral excellence, righteousness, and ethical behavior, often associated with philosophical and religious teachings.

Economic Ladder

A metaphorical representation of the hierarchical structure of economic status or wealth in a society, indicating levels of financial success or poverty.

Penny Press

Cheap, mass-produced newspapers in the 19th century that made news more accessible to the general public, significantly impacting public opinion and democracy.

Newsboys

Young street vendors who historically sold newspapers, often key figures in labor strikes against newspapers in the late 19th century.