True/False
The general journal is used to record all transactions that do not fit one of the special journals.
Correct Answer:
Verified
Correct Answer:
Verified
Related Questions
Q22: In computerized accounting systems, modules can be
Q23: A good accounting information system includes all
Q24: Special journals are particularly efficient for:<br>A)similar, repetitive
Q25: The Hide and Seek Company has retail
Q26: Why is a well-structured chart of accounts
Q28: A business that sells on account must
Q29: The two basic components of a computerized
Q30: Describe the five features of a good
Q31: The purchase of equipment on account would
Q32: If special journals are used, the purchase