It is inefficient to record all cash payments in a general journal.

Name: It is inefficient to record all cash payments in a general journal.
Brand: Quizplus
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Question

Quizplus · Accepted Answer

Recording all cash payments in a general journal is time-consuming and can result in a cluttered and disorganized record-keeping system. It is more efficient to use a separate cash receipts journal and cash disbursements journal to record all cash transactions.

It Is Inefficient to Record All Cash Payments in a General