Among these statements which one is incorrect regarding journal entry?
A. The debited account titles are listed first
B. Journal entries show the effects of transactions
C. Each journal entry should begin with a date
D. Journal entries provide account balances
Answer:D
Among these statements which one is incorrect regarding journal entry?
A. The debited account titles are listed first B. Journal entries show the effects of transactions C. Each journal entry should begin with a date D. Journal entries provide account balances