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To find an explanation of a transaction, one would look at the?

a) Journal

b) Ledger

c) Chart of accounts

d) Trial balance

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Question added by Said Shaban , Accountant , Tri State Materials Testing
Date Posted: 2015/08/19
Rukhsan  Ahmed
by Rukhsan Ahmed , General Accountant , Domus Flower LLC

option A  is the right answer as from journal entries we can find about the explanation of a transaction. 

Muhammad Tahir Godil
by Muhammad Tahir Godil , Financial Planning and Analysis Manager , The Court Group Of Companies

A) if One Would have to understand the explanation of transaction he need to see the journal & how it is supported with the transaction.

Deleted user
by Deleted user

a) Journal..................................................................................................because thats where description of the transaction is indicaated

Yewulsew Ayele
by Yewulsew Ayele , Branch Manager , NIB International Bank S.C

A is the right answer it is defensively Journal 

Mehboob Ali Laghari
by Mehboob Ali Laghari , Social Mobilization Team Incharge , TRDP-European Union

agree with the answers...............................

Huda Adam
by Huda Adam , Faculty of Commerce Graduate , Cairo University

the answer is journal, (A)

Lot Molepo
by Lot Molepo , Accountant , Morpheus Global Centre

A is the right answer. All source entries are initiated in the journal

Badar Khan
by Badar Khan , Accounts cum administrative assistant , Al Qassimia Drivng Training Centre.Sharjah

one would look at the journal because it show with whom the transactions have been done..

Mohd Nadeem
by Mohd Nadeem , Senior Accountant , Alliance Prime Accounting & Tax Consultancy

B Is the right answer

Ledger

Rizwan Haji
by Rizwan Haji , Finance Manager , Tanzania Road Haulage (1980) Ltd

To find an explanation of a transaction, one would look at the Trial Balance

Pradeep Singh.
by Pradeep Singh. , Manager Accounts, Finance & Importation , Amadora Group of Companies

We would like to go through with the Ledger

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