Indicate the incorrect answer….. (A)Transactions are first recorded in the journal(B)Transactions are posted after they are journalized(C)The trial balance is prepared from the ledger(D)The trial balance is prepared from the journal
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All transactions are recorded first in the general ledger and then they are journalized in the journal. C. All credited accounts are listed first and then all debited accounts are indented and listed on the next lines.
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