Question

Journal entries are written in a certain format in the general journal. When writing a journal entry, which of the following is/are true? (check all that apply)
Select one or more:
a. A reference, often a date, should be written along with the journal entry.
b. Amounts written in the debit and credit columns represent dollar amounts.
c. The account to be credited is listed below and indented to the right of the debited account.
d. The account to be debited is listed first starting with the debited account name followed by the amount being debited.

Answer 1

Answer:

a. A reference, often a date, should be written along with the journal entry.

b. Amounts written in the debit and credit columns represent dollar amounts.

c. The account to be credited is listed below and indented to the right of the debited account.

d. The account to be debited is listed first starting with the debited account name followed by the amount being debited.

Explanation:

An accounting journal serves as a books of original entries that is utilized as the initial recording book before being posted to the general ledger.

A typical accounting journal has a date by the side., it has a space for narration or description, the dollar amount are in the debit and credit column, The account to be credited is listed below and indented to the right of the debited account.