Which of the following statements is false regarding a proper journal entry?
A) Debits are always listed first in the entry.
B) Credits are always indented.
C) Skip a line between transactions.
D) Always list the expenses first.

Question

Quizplus · Accepted Answer

In proper journal entries, there is no rule that mandates always listing expenses first. The order of listing accounts in a journal entry typically follows the convention of debits first, then credits, rather than categorizing by the type of account like expenses.

Which of the Following Statements Is False Regarding a Proper