Login

Search the forums now!

Welcome, Guest. Please login or register.

April 22, 2026, 02:21:34 am
Pages: [1]   Go Down

Author Topic: answer this question  (Read 932 times)  Share 

0 Members and 1 Guest are viewing this topic.

sexybeast302

  • Victorian
  • Adventurer
  • *
  • Posts: 12
  • Respect: 0
answer this question
« on: March 31, 2012, 12:24:40 pm »
0
what modifications are necessary to the general journal if a system of subsidiary ledgers is in use? Justify your answer
Logged
2011- Business Management [47]
2012 - English, Accounting, Health and Human Development, Maths Methods and LOTE

bucklr

  • Guest
Re: answer this question
« Reply #1 on: April 01, 2012, 07:22:10 am »
+1
The general journal should have a subsidiary (dr and cr) column to be capable of recording individual debtor and creditor entries. Recording entries in the general journal helps to satisfy the demands of reliability since it provides a checking mechanism against ledgers, journals and other accounting records.
Logged
Pages: [1]   Go Up