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Author Question: Because the first formal accounting record of a transaction is made in a journal from source ... (Read 27 times)

future617RT

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on: Jul 5, 2018
Because the first formal accounting record of a transaction is made in a journal from source document information, a journal is commonly referred to as a(n)
 a. ledger.
   b. account.
   c. cross-reference.
   d. book of original entry.

Question 2

What is budgeted gross margin for March 2015?
 
  A) 392,040
  B) 396,000
  C) 408,040
  D) 411,940


k.lashomb

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Reply #1 on: Jul 5, 2018
Answer to Question 1

d

Answer to Question 2

Answer: D


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