The accuracy of journals is checked by
Question
The accuracy of journals is checked by
Options
A)
ensuring that debit totals equal credit totals
B)
posting all journal entries to ledger accounts
C)
adding all figures in the debit column
D)
comparing accounts in the ledger against the journals
The correct answer is D.
Explanation:
In accounting and bookkeeping, a journal is a record of financial transactions in order by date. A journal is often defined as the book of original entry.
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Posting all journal entries to ledger account
In accounting and bookkeeping, a journal is a record of financial transactions in order by date. A journal is often defined as the book of original entry.