The concise statement used to explain entries in the general journal is known as? by Sunday | Dec 8 | Accounting JAMB | 0 comments A. narration B. summary C. information D. commentary Correct Answer: Option A – narration Users Also Read These:LSC 311 Theory Questions: Key Concepts in…After receiving the financial statement the Auditor…N100 received from Laifat was entered on the…BFN 112 Theory Question: Concise Notes on Key…If the profits and losses are to be shared equally;…