Question

Fill in the blank:

Every Journal Entry requires ________.

Answer 1

Every Journal entry require narration.

Explanation:

1. Narration is a brief explanation of a transaction, together with necessary details that are provided with the journal entry, which helps to understand the account which is to be debited or credited.
2. Thus, a narration is necessary for each and every journal entry, as it provides the details of the journal entry and helps understand the entry.