The main reason most businesses do not use only a General Journal is
A) a General Journal is much too inefficient.
B) a General Journal is prone to many errors.
C) two or more clerks cannot use the General Journal at the same time.
D) both A and C are correct.

Question

Quizplus · Accepted Answer

A General Journal can be too inefficient for large businesses handling multiple transactions at a time, and multiple clerks using it concurrently can also lead to errors and confusion. Therefore, businesses typically use specialized journals such as a Sales Journal, Purchases Journal, or Cash Receipts Journal, which improve efficiency and accuracy.

The Main Reason Most Businesses Do Not Use Only a General