A general journal

a. chronologically lists transactions and other events, expressed in terms of debits and credits.
b. contains one record for each of the asset, liability, stockholders' equity, revenue, and expense accounts.
c. lists all the increases and decreases in each account in one place.
d. contains only adjusting entries.

Ans: a. chronologically lists transactions and other events, expressed in terms of debits and credits.

Business

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