Asked by David Hornbek Jr. on May 21, 2024
Verified
If a certain type of transaction occurs with great frequency it is more efficient to create a ______________ to record that type of transaction.
Special Journal
A financial journal designed for recording a specific type of transaction in a more efficient manner, such as sales or purchases.
- Comprehend the role and impact of special journals in the accounting process and their efficiency benefits.
Verified Answer
JO
Learning Objectives
- Comprehend the role and impact of special journals in the accounting process and their efficiency benefits.