QUESTION IMAGE
Question
multiple choice question
a journal is the place where
a trial balance is kept
financial statements are prepared
transactions are recorded
cash flow is analyzed
In accounting, a journal is a book - of - original entry where business transactions are first recorded in chronological order. A trial balance is a list of accounts and their balances. Financial statements are prepared from the adjusted trial balance. Cash - flow analysis is related to examining the cash inflows and outflows of a business.
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transactions are recorded