Question: what is the correct answer A) sliding Hi posting- Ojoumaliving Dj transposing. 14) When recording a transaction in a journal, the account listed first is

what is the correct answer

what is the correct answer A) sliding Hi posting- Ojoumaliving Dj transposing.

A) sliding Hi posting- Ojoumaliving Dj transposing. 14) When recording a transaction in a journal, the account listed first is generally the Ap debit B) credit. 15) How are credit dewriptors distinguished from debit descriptions in the general journal? Al A ling separation BJ A different colour. ( Indenting. Dj There is no distinction. 16) The proper format for a journal entry includes all of the following EXCEPT A ) the total amounts of debits must equal the total amount of credits. Bj skip a line between transactions. the crodil portion of the transaction is always first. D) listed in chronological order. 17) How are explanations distinguished in the journal? A) They are underlined, ") They are in buld print. ( They are written below the credit entries. Dj They are written along the margin, beside the debit and credit entries, 18) The journal entry debiting Cash and crediting Capital would be a result of a(n) A) withdrawal. Bj expense. O investment. D revenue. 19) If you debit Prepaid Insurance, you most likely will A ) credit Fees Earned. Bj debit Cash. ( credit Insurance Expense

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