Listed below are two pieces of information.Where is the best place to locate this information,in the journal or the ledger? Details of a transaction which took place on October 3^rd All of the sales activity which took place during the current month A)1.Journal 2.Journal B)1.Journal 2.Ledger C)1.Ledger 2.Ledger D)1.Ledger 2.Journal E)This information is only available on the financial statements

Question

Quizplus · Accepted Answer

The details of a specific transaction are recorded in the journal, while the summary of all sales activity for the month is found in the ledger.

Listed Below Are Two Pieces of Information