Select all that apply Describe what a special journal is by selecting all of the correct statements below. (Check all that apply.) A special journal is used to record transactions of a certain type. A special journal replaces the general journal in a business. Special journals allow an efficient division of labor. It is a journal that has specific columns for accounts debited and credited. A special journal used as an alternative to only using a general journal. When special journals are used, adjusting entries are not necessary because accounts are updated daily instead of at the end of the period.

Describe what a special journal is by selecting ail of the correct statements below. (Check all that apply) A special journal is used to record transactions of a certain type. A special joumal replaces the generat journat in a busthess. Special journals aliow an efficient division of labor. It is a journal that has specific columns for accounts debited and crecited. A special journal used as an altemative to only using a generat joumat