Asked by
Angela Welshans
on Nov 12, 2024
Verified
Even when special journals are used, purchases of store equipment on account are recorded in the general journal.
Special Journals
Journals designed to be used for recording a single type of transaction.
General Journal
A bookkeeping ledger that records each transaction of a company in chronological order.
- Recognize the importance and function of the general journal.
Verified Answer
JF
Learning Objectives
- Recognize the importance and function of the general journal.
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