Which of the following will be recorded in the general journal when using a manual accounting information system?
A) adjusting and closing entries
B) payment of accounts payable
C) purchase of merchandise inventory on account
D) sale of merchandise inventory on account

Question

Quizplus · Accepted Answer

Adjusting and closing entries are recorded in the general journal in a manual accounting information system, as they involve making internal adjustments and closing temporary accounts at the end of an accounting period, which do not fit into the more specialized journals used for routine transactions.

Which of the Following Will Be Recorded in the General