A journal gives a complete record of each transaction in one place, and shows the debits and credits for each transaction.

Name: A journal gives a complete record of each transaction in one place, and shows the debits and credits for each transaction.
Brand: Quizplus
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Question

Quizplus · Accepted Answer

A journal is a book of original entry where transactions are recorded in chronological order. It provides a complete record of each transaction in one place and shows the debits and credits for each transaction.

A Journal Gives a Complete Record of Each Transaction in One