Question

10. When an entry is made in journal
(a) Assets are listed first.
(b) Accounts to be debited listed first
(c) Account to be credited listed first
(d) Accounts may be listed in any order​

Answer 1

Answer:

(d) Accounts may be listed in any order.

When a business transaction requires a journal entry, we must follow these rules: The entry must have at least 2 accounts with 1 DEBIT amount and at least 1 CREDIT amount. The DEBITS are listed first and then the CREDITS. The DEBIT amounts will always equal the CREDIT amounts..

Answer 2

Answer:

Accounts may be listed in any order

Explanation:

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