Answered step by step
Verified Expert Solution
Question
1 Approved Answer
Which of the following is the main advantage of setting up special journals? They can be used with a cash accounting system. They remove the
Which of the following is the main advantage of setting up special journals?
They can be used with a cash accounting system.
They remove the need for double entry recording.
They make the preparation of a trial balance easier.
They reduce the time required to journalise each entry and post to the general ledger.
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