A business's general journal provides a place for recording all of the following except:
A)The transaction date.
B)The names of the accounts involved.
C)The amount of each debit and credit.
D)An explanation of the transaction.
E)The balance in each account.

Question

Quizplus · Accepted Answer

A general journal would not include the balance in each account as this information is typically included in the ledger accounts.

A Business's General Journal Provides a Place for Recording All