If a business uses special journals, it does NOT need to have a general journal.
Correct Answer:
Verified
Q12: A journal designed for entering only cash
Q13: The use of bank credit cards in
Q14: It is inefficient to record all cash
Q15: The sales journal can be used to
Q16: A common approach to keeping a record
Q18: Most transactions entered in a special journal
Q19: Transactions that are similar in type and
Q20: Special journals enable a substantial time savings
Q21: Which of the following is NOT true
Q22: An account number in the Posting Reference
Unlock this Answer For Free Now!
View this answer and more for free by performing one of the following actions
Scan the QR code to install the App and get 2 free unlocks
Unlock quizzes for free by uploading documents