Q397
Narrations are given at the end of
A.
Final accounts
B.
Trial Balance
C.
Each Ledger account
D.
Each journal entry
AnswerAnswer: Option D
Solution
Answer: Option D
Solution:
Narrations are given at the end of each journal entry. Each journal entry includes the date, the amount of the debit and credit, the titles of the accounts being debited and credited (with the title of the credited account being indented), and also a short narration of why the journal entry is being recorded.