Which of the Following Statements Is False About a Journal

question 34

Multiple Choice

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

• A)All debits are always listed before any credits.
• B)It may have more than one debit or credit entry.
• C)Credits are always indented.
• D)Accounts that are increased are always listed first.

---

Definitions:

Subcategories

Divisions or smaller groups that exist within a larger category, each often having specific characteristics or purposes.

Major Categories

The primary and most significant classes or divisions into which a wide range of topics, concepts, or objects are organized based on shared characteristics or attributes.

Anger, Fear

Emotions characterized by frustration and perceived threats, respectively, influencing individual and group dynamics in various contexts.

Joy, Love

Positive emotions that can significantly impact personal well-being and interpersonal relationships.