What considerations determine whether a special journal should be brought into use rather than placing entries in

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What considerations determine whether a special journal should be brought into use rather than placing entries in the general journal? Is the need for a general journal ever eliminated?

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Financial Accounting An Integrated Approach

ISBN: 9780170411028

7th Edition

Authors: Ken Trotman, Elizabeth Carson

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Question Posted: Aug 20, 2023 06:48 AM

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What considerations determine whether a special journal should be brought into use rather than placing entries in

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The decision to use a special journal also known as a subsidiary journal versus placing entries in the general journal depends on several considerations related to the nature of transactions the volum...View the full answer

Financial Accounting An Integrated Approach

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