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In a Journal entry preposition is used before the name of the account to be credited
To
By
In
None of the above
- Journal Entry Mechanics:
- In accounting, journal entries record financial transactions with debits and credits.
- When documenting, different prepositions are used for the debit and credit accounts.
- Option Analysis:
- Option 1 - To: In journal entries, "To" is used for crediting accounts, as in "To [Account Name]."
- Option 2 - By: Typically used before the account to be debited, not credited.
- Option 3 - In: Not relevant or used in standard journal entry procedures for crediting or debiting accounts.
- Option 4 - None of the above: Incorrect because Option 1 is correct.
- The correct answer is To from Option 1.
By: Munesh Kumari ProfileResourcesReport error
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