Journalizing a transaction involves ________

A) calculating the balance in an account using journal entries
B) posting the account balances in the chart of accounts
C) preparing a summary of account balances
D) recording the data only in the journal

D

Business

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If the market interest rate at the date of issuance of a bond exceeds the face interest rate, the bond will probably be sold at a premium

Indicate whether the statement is true or false

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