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College Accounting, Chapters 1-27

23rd Edition
HEINTZ + 1 other
ISBN: 9781337794756

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Chapter
Section
BuyFindarrow_forward

College Accounting, Chapters 1-27

23rd Edition
HEINTZ + 1 other
ISBN: 9781337794756
Textbook Problem

No entries are made in the Posting Reference column at the time of journalizing.

To determine

Identify whether the given statement is true or false.

Explanation

General journal:

This is a journal used to record infrequent transactions like adjusting entries, closing entries, accounting errors, sale of assets, or bad debts expense.

Entries will not be made in the Posting Reference column at the time of journalizing...

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