Business transactions are first recorded in the:
A) ledger.
B) journal.
C) trial balance.
D) interim statement.

Name: Business transactions are first recorded in the: A) ledger. B) journal. C) trial balance. D) interim statement.
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Business transactions are first recorded in a journal, which is also known as the book of original entry. This step is crucial for maintaining an accurate and chronological record of all financial transactions before they are posted to the ledger accounts.

Business Transactions Are First Recorded in The