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General Journal is a book of _____ entries

A. First

B. Original

C. Secondary

D. Generic

Answer: Option B

Solution(By Examveda Team)

General Journal, sometimes also known as the Book of Original Entry, because it is the first place a transaction is entered into the books. Journal Entries are made from source documents, which can be anything from receipts to invoices to bank statements.

This Question Belongs to Commerce >> Accounting

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Comments ( 2 )

  1. Junaid Hashmi
    Junaid Hashmi :
    4 years ago

    Explained in best way!

  2. Nagender V
    Nagender V :
    6 years ago

    could u explain ?

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