The ____ is where a transaction can first be found on the accounting records.
A) chart of accounts
B) income statement
C) balance sheet
D) journal

Name: The ____ is where a transaction can first be found on the accounting records. A) chart of accounts B) income statement C) balance sheet D) journal
Brand: Quizplus
Rating: 4.8 (42 reviews)

Question

Quizplus · Accepted Answer

The journal is where transactions are recorded for the first time in accounting records. Transactions are then later transferred to the ledger, chart of accounts, income statement, and balance sheet.

The ____ Is Where a Transaction Can First Be Found