The most basic journal,which is a chronologic listing of each business and financial transaction is a/an:
A) general journal.
B) payroll journal.
C) disbursements journal.
D) accounts receivable ledger.

Question

Quizplus · Accepted Answer

A general journal is used to record all business and financial transactions in a chronological order. It is considered the most basic journal in accounting. The other options - payroll journal, disbursements journal, and accounts receivable ledger - are more specialized journals used to record specific types of transactions.

The Most Basic Journal,which Is a Chronologic Listing of Each