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What are the uses of general journal?

      

List the uses of general journal.

  

Answers


Maurice
(i) Writing off bad debts.

(ii) Recording of issues.

(iii) To record sale of fixed assets on credit.

(iv) To record purchase of fixed assets on credit.

(v) Correction of errors.

(vi) Recording of opening entries.

(vii) Recording of closing entries.


maurice.mutuku answered the question on July 27, 2017 at 05:38


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