Question: The general ledger is: Select one: a. Used to record only special, extraordinary business transactions. b. Used to record similar repetitive activities on a regular
The general ledger is: Select one: a. Used to record only special, extraordinary business transactions. b. Used to record similar repetitive activities on a regular basis. c. Used to record transactions that did not occur on a regular basis or with sufficient volume to justify maintaining a separate book. d. Used as the main accounting record in which information was extracted from all other journals and grouped together in various accounts
Step by Step Solution
There are 3 Steps involved in it
1 Expert Approved Answer
Step: 1 Unlock
Question Has Been Solved by an Expert!
Get step-by-step solutions from verified subject matter experts
Step: 2 Unlock
Step: 3 Unlock
