Business transactions are originally recorded chronologically in the ledger.Select one:TrueFalse

Transactions are recorded in either a journal or a ledger, but not in both.

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

Step Two of the accounting cycle requires that we record transactions in a record called a journal.  True False

In recording in the general journal, the year and month of the transaction are written once in every page of the journal.Select one:TrueFalse

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.