A book containing a chronological record of business transaction & original record is called a _________.

Journal

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Ledger

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Trial balance

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None of the above

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Solution

The correct option is B Journal
A journal is known as the original book of entry and is also called the prime entry. All the accounting transactions are first recorded in journal in the order of the transactions taking place. Such order is called a chronological order.
Therefore, journal is the original book of recording transactions in the chronological order.

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