Which of the following journals would a company use to record period-end adjusting entries to accrue revenues?
A) Cash disbursements journal.
B) Purchases journal.
C) Cash receipts journal.
D) Sales journal.
E) General journal.

Question

Quizplus · Accepted Answer

Period-end adjusting entries are typically recorded in the general journal, which is used to record transactions that cannot be recorded in any other journal. Accruing revenues is an example of a transaction that requires a general journal entry. The other options listed are specialized journals used for specific types of transactions such as cash receipts or sales, and would not be appropriate for recording adjusting entries.

Which of the Following Journals Would a Company Use to Record