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Applying Information a. Where do you get the information needed to make a journal entry
Chapter 6, Problem 4(choose chapter or problem)
QUESTION:
Applying Information
a. Where do you get the information needed to make a journal entry?
b. How do you determine the debit and credit parts of a journal entry
Questions & Answers
QUESTION:
Applying Information
a. Where do you get the information needed to make a journal entry?
b. How do you determine the debit and credit parts of a journal entry
ANSWER:Step 1 of 3
Journal entry is the entry made in the books of accounts to record the business transaction. Journal entry is the first step of the accounting cycle.