Special journals are used for recording transactions of similar type, each meant to cover one kind of transaction. Four of the most common special journals are the sales journal, cash receipts journal, purchases journal, and cash disbursements journal. Special journals are efficient and cost-effective tools in the journalizing and posting processes.

A journal that is used to record and post transactions of similar type is referred to as a _____.

multiple choice

• general journal

• special journal

• general ledger

• columnar journal