Accounting for IGCSE & O level - The Fundamentals Of Accounting (Section 28 - No. 45)
Which of the following is an advantage of maintaining journals for sales and sales returns?
Reduces the number of transactions
Provides a detailed record of transactions
Increases the time spent on accounting
Makes it difficult to track sales
Explanation
Maintaining journals provides a detailed record of all transactions and facilitates the tracking of sales and returns.
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