Before posting business transactions to the ledger, we first enter the business transaction in a two-column _________________ (the "first book of entry"). Group of answer choices chart of accounts balance sheet journal income statement
Before posting business transactions to the ledger, we first enter the business transaction in a two-column _________________ (the "first book of entry"). Group of answer choices chart of accounts balance sheet journal income statement
Chapter10: Financial Statements And Reports
Section: Chapter Questions
Problem 4.4C
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Question
Before posting business transactions to the ledger, we first enter the business transaction in a two-column _________________ (the "first book of entry").
Group of answer choices
chart of accounts
balance sheet
journal
income statement
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