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For this scenario assume that the company in question uses special journals and the general journal to record transactions. In addition to the general ledger,
For this scenario assume that the company in question uses special journals and the general journal to record transactions. In addition to the general ledger, the company also uses subsidiary ledgers.
When a general journal is used to record sales returns, the credit of the entry must be posted twice. Does this cause the trial balance to be out of balance? Explain.
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