Which of these statements is not true?
A)Transactions must be recorded in a journal.
B)All transactions could be recorded in the general journal.
C)Companies use a number of special journals to record most transactions.
D)Special journals are designed to improve record- keeping efficiency.
E)The form of the journals are the same from industry to industry.

Question

Quizplus · Accepted Answer

The statement that the form of journals are the same from industry to industry is not true. Different companies and industries may have different formats or layouts for their journals based on their unique needs and processes.

Which of These Statements Is Not True