Question: How is a special journal different from a general journal?

How is a special journal different from a general journal?

Step by Step Solution

★★★★★

3.30 Rating (159 Votes )

There are 3 Steps involved in it

1 Expert Approved Answer
Step: 1 Unlock

A special journal is a chronological record of spec... View full answer

blur-text-image
Question Has Been Solved by an Expert!

Get step-by-step solutions from verified subject matter experts

Step: 2 Unlock
Step: 3 Unlock

Document Format (1 attachment)

Word file Icon

375-B-A-I-S (5520).docx

120 KBs Word File

Students Have Also Explored These Related Accounting Questions!

Q:

General Journal Transactions Dec. 01 Paid cash for months rent, $1,200.00; Check No. 3829. 01 Paid cash for monthly telephone bill, $237.73; Check No. 3830. 02 Paid cash for delivery charges, $42.00;...

Q:

General Journal Transactions Dec. 01 Paid cash for months rent, $1,200.00; Check No. 3829. 01 Paid cash for monthly telephone bill, $237.73; Check No. 3830. 02 Paid cash for delivery charges, $42.00;...

Q:

1 na Which electrolyte has a higher concentration in the extracellular compartment? (choose all that apply) Sodium Bicarbonate Potassium Chloride Calcium

Q:

QUESTION 3 Which of the following statements about specialized journals is true? In a very small business, all transactions can be recorded in the general journal Accounting systems in larger...

Q:

A subsidiary ledger can be described as: a special journal that supplements the general journal a record of all general ledger accounts and all of the activity in those accounts during a period a...

Q:

Can somebody help me with the attached question? I have attached the question here. let me know the time you require but at least this needs to be done by Thursday 3 pm. Please let me know if there...

Q:

Can somebody help me with the attached question? I have attached the question here. let me know the time you require but at least this needs to be done by Thursday 3 pm. Please let me know if there...

Q:

The Individuals with Disabilities Act (IDEA) requires IEP teams to consider the effect of a given disability on a child's performance and identify each child's unique strengths, preferences,...

Q:

I need help on this problem . Please submit your response as a pdf or docs. Link and picture of pdf/docs will do. Assignment Misty Milk Tea hired you to journalize and post her business transactions...

Q:

I need help on this problem. Please submit your response as a pdf or docs. Assignment Misty MilkTea hired you to journalize and post her business transactions for her 15-day operation. You will need...

Q:

A single phase Bridge type full wave rectifier has a purely resistive load R, 5 Determine (i) the efficiency, (ii) the form factor, (iii) the transformer utilization factor, (iv) the PIV of diode and...

Q:

Using the monthly return data given below, what is the arithmetic mean excess return? Date Nov-3 Dec-3 Jan-04 Portfolio P 0.95% 2.01% 3.14% Benchmark 0.86% 1.90% 2.94%

Q:

Define the following terms: a. Homeowners insurance b. Household inventory c. Personal property floater d. Renters insurance

Q:

Who was prevented from attending the Third Round Table Conference?

Q:

The following stated policies pertain to the e-commerce website for Small Computers, Inc., a (fictitious) personal and handheld computer manufacturer and seller. Privacy Statement We will only use...

Q:

Recall, from Chapter 8, the Hammaker Manufacturing Company (HMC) is located in Burke, Virginia, and manufactures specialty parts for Corvettes. The company implemented a new AIS with the help of a...

Q:

DeGraaf Office Supplies is a national retailer of office supplies, equipment, and furnishings. The company opened its first store in 1932, in Columbus, Ohio. Currently, DeGraaf has 300 stores...

Q:

US Robotics has a current capital structure of 30% debt and 70% equity. Its curent before-tax cost of debt is 6%, and it's tax rate is 35%. It currently has a levered beta of 1.15. The risk free rate...

Q:

Slattery Industries reported the following financial information for 2013: Revenues $100 million Costs & Expenses (excl Depreciation )$ 80 million Depreciation $ 5 million Taxes $ 6 million Net...

Q:

Can someone please help me on this problem? Thank you! Are you smarter than a second-grader? A random sample of 62 second-graders in a certain school district are given a standardized mathematics...