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29 August, 12:09

Which of the following statements regarding special journals is not true? a. Special journals provide a specialized format for recording similar transactions. b. Special journals are periodically summarized and posted to the general ledger. c. The balances in a special journal must always reconcile to the general ledger. d. Special journals are used to record large numbers of repetitive transactions.

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  1. 29 August, 12:46
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    The correct answer is

    c. The balances in a special journal must always reconcile to the general ledger.

    good luck
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