The month in the journal is recorded
A) with every transaction.
B) as the first entry on a page.
C) for the first and last transaction of the month.
D) for the last transaction of the month.

Question

Quizplus · Accepted Answer

The month is typically recorded as the first entry on a new page in the journal. This helps to organize the transactions for that month and makes it easier to track and review financial information. While some businesses may choose to record the month with every transaction, it is not necessary as long as the transactions are clearly organized by date. Recording the month for the first and last transaction of the month or for the last transaction of the month may not provide enough information for effective financial tracking and analysis.

The Month in the Journal Is Recorded