Question: Which statement is incorrect regarding the general journal? (a) Only transactions that cannot be entered in a special journal are recorded in the general journal.
Which statement is incorrect regarding the general journal?
(a) Only transactions that cannot be entered in a special journal are recorded in the general journal.
(b) Transactions are initially posted in the general journal.
(c) The general journal may be used to record closing entries.
(d) Correcting and adjusting entries are made in the general journal.
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