The journal in which all transactions that do not fit into the special journals are recorded is the:
A)cash receipts journal.
B)purchases journal.
C)general journal.
D)sales journal.

Question

Quizplus · Accepted Answer

The general journal is used for recording all transactions that cannot be recorded in the special journals. These may include adjusting entries, correcting entries, and unusual transactions. The cash receipts journal is used for recording all cash received, the purchases journal is used for recording all purchases made on credit, and the sales journal is used for recording all sales made on credit.

The Journal in Which All Transactions That Do Not Fit