Examlex
What is the correct classification of the following reaction?
Special Journal
A financial journal designed for recording a specific type of transaction in a more efficient manner, such as sales or purchases.
Subsidiary Ledger
An elaborate record book holding specific subsidiary accounts linked to a principal account, including accounts receivable and accounts payable.
General Ledger
The main accounting record of a company or organization, containing all the financial accounts and transactions.
Special Journal
A journal used in accounting to record transactions of a similar type.
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