A record in a journal is described as a(n):
A) summary
B) posting
C) entry
D) transaction.

Question

Quizplus · Accepted Answer

A record in a journal is called an entry, as it represents a single transaction or event that is being recorded in the accounting system. A summary refers to a condensed overview of several entries or transactions. Posting is the process of transferring information from a journal to a ledger or account. Transaction refers to the occurrence or event that is being recorded in the accounting system, rather than the actual record itself.

A Record in a Journal Is Described as A(n)