The fourth step in recording a transaction in the general journal is to record the:

A) explanation of the entry.
B) account(s) to be credited and the amount(s).
C) date of the entry.
D) account(s) to be debited and the amount(s).


A) explanation of the entry.

Business

You might also like to view...

What type of font should be used in a text file?

Business

Which of the following statements is true with regard to relationships between reliability, maintainability, and availability?

a. If maintainability is constant and reliability increases, then availability decreases. b. If maintainability is constant and reliability decreases, then availability increases. c. If maintainability is constant and reliability decreases, then availability decreases. d. If maintainability increases, then reliability decreases but availability increases.

Business

How important the brand is in consumer decisions depends partly on the product ______________________.

a. Promise b. Position c. Category d. Identity

Business

What is an arbitrage-free interest-rate model?

What will be an ideal response?

Business