Asked by Mckenzie Saubert on Mar 10, 2024

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Transactions are initially entered into a record called a journal.

Transactions

Economic activities or events that affect the financial position of a company and can be quantified in monetary terms.

  • Comprehend the segments and objectives entailed in entering transactions in journals and posting to accounts in accounting.
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RI
Ramon Ibarra

Mar 10, 2024

Final Answer :
True
Explanation :
This is true. Transactions are recorded in a journal before being transferred to a ledger.