Choose the statement below that correctly explains a general journal. Multiple choice question. A journal is a record of all of the accounts that exist in a business and includes their identifying account number. A journal is a list of accounts and their balances at any given moment. A journal is a record keeping device that is used to monitor customer account balances. A journal is a complete record of each transaction in one place and includes the debit and credit of each transaction.

Based on the uses of a general journal, the best explanation of it is A journal is a complete record of each transaction in one place and includes the debit and credit of each transaction.

What is a general journal?

A general journal in a business allows for all the account balances to be recorded in one journal.

This means that it is a complete record of all the transactions that a business has been involved in which includes all the debits and credits associated with those transactions.

In conclusion, option D is correct.

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