The chronological record in which transactions are initially recorded in the order in which they occur is called a:

A) balance sheet.
B) chart of accounts.
C) trial balance.
D) general journal.

D

Business

You might also like to view...

When countries or regions experience currency and/or economic stress, all of the following events can take place except:

A) increased exposure to certain risks. B) new profit opportunities. C) lower local currency financing costs. D) bad debts occur. E) cancellation of aircraft equipment sales.

Business

Refer to Additional Case 12.1. When reviewing the legally required benefits, the HR Director would most likely address:

A) health insurance. B) pensions and retirement plans. C) family and medical leave. D) life and disability insurance.

Business