Question 11
Books of Original EntryThe journal is a book
- A.of primary entry into which all transactions are entered before posting
- B.kept by journalist for reporting events
- C.of prime entry into which postings are made from the ledger
- D.of analyzing major accounts
Show the answer and explanation
Answer: A (of primary entry into which all transactions are entered before posting)
Explanation
The journal is a book of original entry where transactions are first recorded before being posted to the ledger.