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 assets first.

Question

Quizplus · Accepted Answer

Assets may not always be listed first in a journal entry. The order in which accounts are listed depends on the nature of the transaction and the accounts involved.

Which of the Following Statements Is False Regarding a Proper