The process of initially recording a business transaction is called. A. trial balancing B. posting C. journalizing D. balancing

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The process of initially recording a business transaction is called journalizing.

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Asked 9/24/2011 9:06:43 PM

Updated 6/19/2016 7:12:29 AM

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kiara07

The process of initially recording a business transaction is called journalizing.

Added 6/19/2016 7:12:29 AM

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Confirmed by jeifunk [6/19/2016 7:19:40 AM]

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Which of the following types of accounts have a normal credit balance? A. assets and liabilities B. liabilities and expenses C. revenues and liabilities D. capital and drawing

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Updated 6/10/2014 11:48:36 PM

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jeifunk

Revenues and liabilities have a normal credit balance.

Added 6/10/2014 11:48:36 PM

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A credit signifies a decrease in. A. drawing B. liabilities C. capital D. revenue

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Updated 7/27/2015 12:03:24 PM

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emdjay23

A credit signifies a decrease in drawing.

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The debit side of an account. A. depends on whether the account is an asset, liability or owner's equity B. can be either side of the account depending on how the accountant set up the system C. is the right side of the account D. is the left side of the account

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Updated 11/19/2017 1:55:51 AM

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emdjay23

The debit side of an account is the left side of the account.

Added 11/19/2017 1:55:51 AM

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Confirmed by yumdrea [11/19/2017 2:30:45 AM]

A credit may signify a. A. decrease in assets B. decrease in liabilities C. decrease in capital D. decrease in revenue

Weegy: A credit may signify a decrease in assets. (More)

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Updated 10/25/2023 1:30:16 PM

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what is the process of initially recording a business transaction called?

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Updated 3/22/2014 11:47:39 PM

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jeifunk

The process of initially recording a business transaction is called journalizing.

Added 3/22/2014 11:47:39 PM

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