Asked by
Kelsey Burdorff
on Nov 14, 2024Verified
If a transaction cannot be recorded in a special journal it indicates that the company should adopt an electronic accounting system.
Special Journal
A specialized accounting journal designed to record a specific type of transaction consistently, such as sales or purchases.
Electronic Accounting System
Computerized systems used for tracking and managing financial transactions and accounts.
- Learn the characteristics and benefits of an effective accounting information system.
Verified Answer
XG
Learning Objectives
- Learn the characteristics and benefits of an effective accounting information system.
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