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14 September, 10:54

The general journal

A. is the book of original entry.

B. is the book of final entry.

C. contains account balances.

D. is completed after the general ledger.

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  1. 14 September, 11:13
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    The correct option is A.

    The general journal is the book of original entry. The general journal is used to record transactions relating to adjustment entries, open stock, accounting errors, etc.

    The general journal is called the book of original entry because, entries are first posted to the general journal before they are transferred to appropriate accounting journals.
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