alleryStart learning →The brief explanation that follows a journal entry is its
ANarration
BCasting
CBalancing
DCarry forward
Answer & Solution
Correct answer: A. Narration
The summary explanation of a transaction under a journal entry is called the narration.
Keep practising Trial Balance
Browse all Trial Balance questions for CA Foundation, or explore more Accounting topics.
Related questions
Which entries decrease an account on the right side of the equation, such as a liability?Which of these is a non-current asset?Which is a long-term liability?Claims of the owners on the assets of the business are shown inDebts or future obligations owed to others are recorded inDebtors, cash and stock are examples ofThe general ledger holds a ledger account for each item in theA suspense account is used to