Question:Which of the following statement about a journal is false? 

A It is not a book of original entry. 

B It provides a chronological record of transaction. 

C It helps to locate errors because the debit and credit amounts for each entry can be readily compared. 

D It discloses in one place the complete effect of a transaction. 

+ Answer
+ Report
Total Preview: 1211

Copyright © 2024. Powered by Intellect Software Ltd