Using a minimum of 100 words, explain why a business would want to set up an accounting

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Using a minimum of 100 words, explain why a business would want to set up an accounting system using special journals instead of using only a general journal to record transactions.

What are the benefits of using a special journal system for a business that has a large number of transactions each month?

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Accounting concepts and applications

ISBN: 978-0538745482

11th Edition

Authors: Albrecht Stice, Stice Swain

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Posted Date: Mar 11, 2023 03:04 AM

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Using a minimum of 100 words, explain why a business would want to set up an accounting

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Special journals are a common tool used in accounting to organize and record transactions efficientl... View the full answer

Accounting concepts and applications

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