Accounting for IGCSE & O level - The Fundamentals Of Accounting (Section 24 - No. 18)
In a general journal entry, what does the 'Description' column usually contain?
The date of the transaction.
The debit amount.
The credit amount.
A brief explanation of the transaction and the accounts involved.
Explanation
The 'Description' column in a general journal entry provides a concise explanation and the names of accounts.
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