Where is accounting data first entered?Multiple choice question.in a journalon an accounting recordon a balance sheetin a ledger

Financial transactions are first recorded in the Blank______ and then transferred, or posted to the Blank______.Multiple choice question.trial balance; ledgerjournal; trial balanceledger; journaljournal; ledger

The ledger accounts should be arranged in: Group of answer choices chronological order. alphabetical order. order of the accounting equation. order of appearance in the journal.

Which of the following is considered as accounting record?A. Bin CardB. Bill of materialC. Store LedgerD. None of these

The first place every transaction is recorded is the: Group of answer choices subsidiary ledger. account. basic equation. journal.

Adjusting entries are required to ______.Multiple choice question.be entered in journal and posted to the ledger before preparing the unadjusted trial balancebe recorded during the accounting period to ensure balances are properly statedadjust the unadjusted balances to the desired balances