When a transaction is journalized, which account is listed first?.

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Destineynwebb6795idn Destineynwebb6795idn

02-02-2022
Business

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When a transaction is journalized, which account is listed first?.

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LONESOMESTARidn LONESOMESTARidn · Answer 1 · 2022-02-02T00:50:17-05:00

LONESOMESTARidn LONESOMESTARidn

02-02-2022

Answer:

When transactions are entered in a general journal, the asset accounts are listed first, followed by the liability and owner's equity. When a transaction is entered in a general journal, the first account title is indented about half an inch from the left margin of the description column. You just studied

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