Vidyalelo
Commerce · Q72

Accounting

Graduate and Post Graduate · Commerce · question 72

Q72

In which of the following order, data is entered into the Journal?

A.
Alphabetical order
B.
Numeric order
C.
Bullets order
D.
Chronological order
Answer

Answer: Option D

Solution

Answer: Option D
Solution:
In Chronological order, data is entered into the Journal. Journal entries are typically entered in chronological order and debits are entered before credits – debits are entered in a column to the left, and credits are entered to the right.