Accounting for IGCSE & O level - Accounting Procedures (Section 19 - No. 31)
In the context of accounting records, what is the primary purpose of the general journal?
To record all cash transactions.
To record transactions that do not fit into any other book of prime entry.
To record sales on credit.
To record purchase returns.
Explanation
The general journal records transactions not covered by other specialized journals (e.g., sales, purchases, cash).
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