27.
| List the activities recorded under Journal entry.
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8
Answer:
List of activities
The accounts in which the debits and credits are to be reported.
The entry date.
The accounting duration during which the journal entry will be recorded.
The name of the person going to record the entry.
Any administrative authorization.
A distinct number to recognize the journal entry.
If the entry is a one-time entry, a recurring or a reversal entry.
A brief / memo / reference description.
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3
Following are the activities that are recorded into the Journal Entry is given below
Explanation:
- The journal entry holds the account of debits and credits information shall be published.
- The journal entry holds the period of the bookkeeping, during which the journal entry is registered.
- The journal entry provides the verification to administration.
- They journal entry provided the Memorandum and the History of reference.
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