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Commerce · Q77

Accounting

Graduate and Post Graduate · Commerce · question 77

Q77

Transactions that a business does not record in any specialized journal are recorded in which of the following books?

A.
Cash payment journal
B.
Cash receipt journal
C.
Purchases return journal
D.
General journal
Answer

Answer: Option D

Solution

Answer: Option D
Solution:
Transactions that a business does not record in any specialized journal are recorded in General journal.
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