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What are the advantages of using special journals by an entity?

In: Business & Finance [Edit categories]

Answer:

There are a few advantages to using special journals. First, the one line entry for each sales transaction is a time saver. Second, only totals being posted and recorded also saves time and reduces the risk of error.

First answer by ID0402891295. Last edit by ID0402891295. Question popularity: 8 [recommend question].

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