All of the following are true regarding journal entries except?
A. Journal entries show the effects of transactions
B. Journal entries provide account balances
C. The debited account titles are listed first
D. Each journal entry should begin with a date
Answer:B
All of the following are true regarding journal entries except?
A. Journal entries show the effects of transactions B. Journal entries provide account balances C. The debited account titles are listed first D. Each journal entry should begin with a date