The record in which business transactions are first recorded is the:
A)Account balance
B)Ledger
C)General journal
D)Trial balance
E)Cash account

Question

Quizplus · Accepted Answer

The general journal is the book of original entry in which business transactions are first recorded. The ledger is a separate record of individual transactions categorized by account, and account balances and the trial balance come after transactions have been recorded in the journal and posted to the ledger. The cash account is a specific account within the ledger.

The Record in Which Business Transactions Are First Recorded Is