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Businesses require the use of General Journals to account for special transactions within a business. Apart from the General Journals, you have processed in your
Businesses require the use of General Journals to account for special transactions within a business. Apart from the General Journals, you have processed in your business, what are another special transaction and the accounts they would affect.
An example of a special transaction recorded in a General journal.
Special transaction:
Account 1
Account 2
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