explain why a business would want to set up an accounting system using special journals instead of using only a general journal to record transactions. What are the benefits of using a special journal system for a business that has a large number of transactions each month?
explain why a business would want to set up an accounting system using special journals instead of using only a general journal to record transactions. What are the benefits of using a special journal system for a business that has a large number of transactions each month?
Chapter1: Financial Statements And Business Decisions
Section: Chapter Questions
Problem 1Q
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explain why a business would want to set up an accounting system using special journals instead of using only a general journal to record transactions. What are the benefits of using a special journal system for a business that has a large number of transactions each month?
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