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    5. Journal lists transactions in which order?

    Question

    Journal lists transactions in which

    order?
    A Decreasing Correct Answer Incorrect Answer
    B Chronological Correct Answer Incorrect Answer
    C Alphabetical Correct Answer Incorrect Answer
    D Increasing Correct Answer Incorrect Answer

    Solution

    The journal lists transactions in chronological order, meaning that transactions are recorded in the order in which they occur. This is typically done by entering the date of the transaction at the beginning of each journal entry.

    Practice Next
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    Relevant for Exams:

    • UPSC EO/AO

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