Asked by Whian Bester on Jul 15, 2024

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Poole Company maintains four special journals and a general journal to record its transactions. Using the code below indicate in the space provided the appropriate journal for recording the transactions listed.
Poole Company maintains four special journals and a general journal to record its transactions. Using the code below indicate in the space provided the appropriate journal for recording the transactions listed.     9. Purchased office equipment for cash. 10. Made an adjusting entry for store supplies used during the period.
9. Purchased office equipment for cash.
10. Made an adjusting entry for store supplies used during the period.

Special Journals

Customized accounting journals used for recording and categorizing specific types of financial transactions.

General Journal

A comprehensive listing of a company's financial transactions, used as the primary record for posting to individual accounts.

Adjusting Entry

An accounting entry made to update the accounts and ensure accurate financial reporting at the end of an accounting period.

  • Comprehend the process for documenting and updating transactions in dedicated journals.
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Rachel RobinsonJul 19, 2024
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