Which one of the statements below is not a purpose for the journal?
A) to show increases and decreases in accounts
B) to show a chronological order by date
C) to show a complete transaction in one place
D) to help posting transactions to ledger

Question

Quizplus · Accepted Answer

While the journal does show increases and decreases in accounts, that is not its sole purpose. Its other purposes include showing a chronological order by date, showing a complete transaction in one place, and helping with posting transactions to the ledger.

Which One of the Statements Below Is Not a Purpose