Which of the following is not a feature of a journal? A) It records transactions chronologicallyB) It is a book of original entryC) It records only credit transactionsD) It includes narration for each entryno ai

Which of the following is not a feature of a journal? A) It records transactions chronologicallyB) It is a book of original entryC) It records only credit transactionsD) It includes narration for each entryno ai

Intermediate Accounting: Reporting And Analysis

3rd Edition

ISBN:9781337788281

Author:James M. Wahlen, Jefferson P. Jones, Donald Pagach

Publisher:James M. Wahlen, Jefferson P. Jones, Donald Pagach

Chapter3: Review Of A Company's Accounting System

Section: Chapter Questions

Problem 2GI: What is the relationship between the accounting equation and the double-entry system of recording...

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Question

Which of the following is not a feature of a journal?

A) It records transactions chronologically
B) It is a book of original entry
C) It records only credit transactions
D) It includes narration for each entry
no ai

Definition Definition Structural system an enterprise uses to collect, store, report, retrieve, and process financial data. Accounting information systems are used by business analysts, auditors, accountants, and consultants for accurate and efficient access to financial data.

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