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Special Journals a. When are special journals used in an accounting system b. Name four
Chapter 16, Problem 1(choose chapter or problem)
QUESTION:
Special Journals
a. When are special journals used in an accounting system?
b. Name four commonly used special journals and describe the transactions entered in each.
Questions & Answers
QUESTION:
Special Journals
a. When are special journals used in an accounting system?
b. Name four commonly used special journals and describe the transactions entered in each.
ANSWER:Step 1 of 3
Special journals in accounting are journal entries that are specialized lists of financial transaction records that make the process of recording transactions simpler in an accounting system.