Connect Access Card for Financial Accounting: Information and Decisions
Connect Access Card for Financial Accounting: Information and Decisions
8th Edition
ISBN: 9781259662966
Author: John J Wild
Publisher: McGraw-Hill Education
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Chapter 2, Problem 12E
Summary Introduction

Concept Introduction:

A transaction is recorded using a journal entry format. A journal entry records at least two accounts. At least one account is debited and at least one account is credited. The sum of credit and debit side of a journal should always be same.

To Prepare: Journal entry.

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Connect Access Card for Financial Accounting: Information and Decisions

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