Adjusting entries are recorded in the ________.
A) cash payments journal
B) purchases journal
C) cash receipts journal
D) general journal

Question

Quizplus · Accepted Answer

Adjusting entries are recorded in the general journal because they are typically non-routine transactions that do not fit into the normal day-to-day transactions recorded in specialized journals such as the cash payments journal, purchases journal, or cash receipts journal. The general journal is used to record transactions such as adjusting entries, closing entries, and any other non-routine transactions.

Adjusting Entries Are Recorded in the ________