The use of a purchases journal makes any posting to the general ledger unnecessary.

Name: The use of a purchases journal makes any posting to the general ledger unnecessary.
Brand: Quizplus
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Question

Quizplus · Accepted Answer

While the use of a purchases journal helps to summarize and organize information about purchases made by a company, it is still necessary to post the information to the appropriate accounts in the general ledger in order to track the company's financial transactions accurately.

The Use of a Purchases Journal Makes Any Posting to the General