Question

Which of the following is true about journal entries?
A. They should include the date of the transaction and which
accounts were involved.
OB. They should be lengthy records since they contain a lot of
information.
OC. They should include the name of the person who authorized the
transaction.
D. They should be prepared at the end of the accounting cycle.

Answer 1

Final answer:

Journal entries in accounting should include the date of the transaction and accounts involved.

Explanation:

Journal entries are fundamental records in accounting that document financial transactions. They should include the date of the transaction and which accounts were involved. Additionally, journal entries are concise annotations, not extensive records of information.

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