Vidyalelo
Commerce · Q60

Accounting

Graduate and Post Graduate · Commerce · question 60

Q60

General Journal is a book of _____ entries

A.
First
B.
Original
Answer
C.
Secondary
D.
Generic

Answer: Option B

Solution

Answer: Option B
Solution:
General Journal, sometimes also known as the Book of Original Entry, because it is the first place a transaction is entered into the books. Journal Entries are made from source documents, which can be anything from receipts to invoices to bank statements.