Correct the following statement and rewrite the statement:All business transactions are recorded in the Journal. - Book Keeping and Accountancy

Advertisements
Advertisements
One Line Answer

Correct the following statement and rewrite the statement:
All business transactions are recorded in the Journal.

Advertisements

Solution

Only monetary transactions are recorded in the Journal.

Concept: Recording of Journal Entries
  Is there an error in this question or solution?
Chapter 3: Journal - Exercises [Page 83]

APPEARS IN

Share
Notifications



      Forgot password?
Use app×