QUESTION IMAGE
Question
multiple choice question
a chronological record of all economic events affecting a firm are recorded in a(n)
trial balance
ledger
journal
balance sheet
Brief Explanations
A journal is a chronological record of all economic events (transactions) affecting a firm. A trial - balance is a list of account balances to check equality of debits and credits. A ledger is a collection of accounts. A balance sheet shows a firm's financial position at a specific point in time.
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C. journal