Accounting for IGCSE & O level - The Fundamentals Of Accounting (Section 13 - No. 12)
Which of the following is a benefit of using a general journal?
a) Reduces the need for specialized journals.
b) Simplifies the recording of transactions.
c) Provides a chronological record of all transactions.
d) Makes it easier to calculate the trial balance.
Explanation
A general journal provides a chronological record of all transactions.
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