BACHELOR OF BUSINESS ADMINISTRATION

BUSINESS ADMINISTRATION

FINANCIAL ACCOUNTING

Question [CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
Generally a Journal is divided
A
Into two parts
B
Into four parts
C
Into five parts
D
Into eight parts
Explanation: 

Detailed explanation-1: -Nearly all journal articles are divided into the following major sections: abstract, introduction, methods, results, discussion, and references.

Detailed explanation-2: -Many general journals have five columns: Date, Account Title and Description, Posting Reference, Debit, and Credit. To record a journal entry, begin by entering the date of the transaction in the journal’s date column.

Detailed explanation-3: -Examples of special journals are the cash receipts journal, cash disbursements journal, payroll journal, purchases journal, and sales journal.

Detailed explanation-4: -Based on the SJR, journals are divided into quartiles per discipline. Top journals are generally considered to be those in the upper quartile (Q1) of SJR scores.

There is 1 question to complete.