With regard to the journal, state whether each of the following transactions is true or false? A The journal records all bank and cash transactions True/False В The journal records all accounting transactions True/False C The journal is a book of prime entry True/False D The journal records all credit sales transactions True/False

FINANCIAL ACCOUNTING
10th Edition
ISBN:9781259964947
Author:Libby
Publisher:Libby
Chapter1: Financial Statements And Business Decisions
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Please state only true or false. No explanation is required

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With regard to the journal, state whether each of the following transactions is true or
false?
A
The journal records all bank and cash transactions
True/False
В
The journal records all accounting transactions
True/False
C
The journal is a book of prime entry
True/False
D
The journal records all credit sales transactions
True/False
Transcribed Image Text:With regard to the journal, state whether each of the following transactions is true or false? A The journal records all bank and cash transactions True/False В The journal records all accounting transactions True/False C The journal is a book of prime entry True/False D The journal records all credit sales transactions True/False
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