A brief explanation recorded below every entry in General Journal is commonly known as
A. Narration
B. Explanation
C. Summary
D. Other Information
Answer: Option A
Solution (By Examveda Team)
A brief explanation recorded below every entry in General Journal is commonly known as Narration. A short explanation of each transaction is written under each entry which is called narration.This Question Belongs to Commerce >> Accounting
Amount invest in the business by its proper is know as____ account and its a account