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Question

Select the best option.
A journal entry must contain which of the following?

  1. date and time
  2. time
  3. name of writer
  4. month and year

A
date and time
B
name of writer
C
time
D
month and year
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Solution
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Choice A is correct as a journal entry must tell the date andtime and record the event. Choice B is wrong as only time is not enough Choice C is wrong as a journal entry discloses who is the author and there is no need to write thename. Choice D is redundant.

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