Answered step by step
Verified Expert Solution
Question
1 Approved Answer
2 Which of the following statement is not true? (1.55) A The format of special journals that a business uses depends on the nature of
2 Which of the following statement is not true? (1.55) A The format of special journals that a business uses depends on the nature of the business. B. A subsidiary ledger is a secondary ledger that supports a controlling account in the general ledger. C. The company should design different special journals to record every single kind of transaction, e.g. Revenue Journal. D. When subsidiary ledgers are used, the primary ledger is then call the general ledger. OD
Step by Step Solution
There are 3 Steps involved in it
Step: 1
Get Instant Access to Expert-Tailored Solutions
See step-by-step solutions with expert insights and AI powered tools for academic success
Step: 2
Step: 3
Ace Your Homework with AI
Get the answers you need in no time with our AI-driven, step-by-step assistance
Get Started