Question: 2. What important considerations should you have in preparing error-free general journal? What are the significant elements of the general journal? What are the

2. What important considerations should you have in preparing error-free general journal? What are the significant elements of the general journal? What are the transactions that are to be recorded in the general journal? When does the transaction happened? What are the significant accounts that are affected in the transaction, and by how much?

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Preparing an errorfree general journal requires careful attention to detail and adherence to certain considerations Here are some important considerations to keep in mind 1 Accuracy Ensure that all in... View full answer

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