Which of the Following Statements Is True About a Journal

question 142

Multiple Choice

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

• A) Decreases in liabilities are indented.
• B) The Post.Ref.column is left blank until entries are posted.
• C) A line is skipped between each debit and each credit.
• D) Assets are entered before liabilities.

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Definitions:

Influences

The power or capacity to have an effect on the character, development, or behavior of someone or something.

Political Efficacy

The belief or confidence of individuals in their ability to influence the government or political processes.

Government

The system or group of people governing an organized community, often a state, with the authority to make and enforce laws, and to manage resources and affairs.

Influence

The capacity to have an effect on the character, development, or behavior of someone or something, or the effect itself.