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Question Practice

What is the primary purpose of a journal in accounting?

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MCQ_SA
CBSE
Class 11
Accountancy
Financial Accounting - I
Recording of Transactions - I
Question Bank

What is the primary purpose of...

Single Answer MCQ
Q-00053871

What is the primary purpose of a journal in accounting?

1

To summarize financial positions

2

To classify and record transactions

3

To prepare financial statements

4

To calculate profits

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