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Question Practice

What kind of information is essential to journalize a transaction?

Attempt the question, check the explanation, and continue with similar questions to build confidence before exams.

MCQ_SA
CBSE
Class 11
Accountancy
Financial Accounting - I
Recording of Transactions - I
Question Bank

What kind of information is es...

Single Answer MCQ
Q-00053944

What kind of information is essential to journalize a transaction?

1

Description, date, and amount

2

Only amounts of debit and credit

3

Transaction clearing dates only

4

Name of the account only

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