Which statement is false?
A) The general journal is still a necessity, even when special journals are used.
B) If a cash payments journal is in use, postings are usually made only at the end of the month.
C) All transactions involving the receipt of cash are recorded in the cash receipts journal.
D) A purchase of a desk calculator for the office should not be recorded in the purchases journal.

Question

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The Answer of Which statement is false?
A) The general journal is still a necessity, even when special journals are used.
B) If a cash payments journal is in use, postings are usually made only at the end of the month.
C) All transactions involving the receipt of cash are recorded in the cash receipts journal.
D) A purchase of a desk calculator for the office should not be recorded in the purchases journal.

Which Statement Is False