Question

A specialized journal _____.

A) is used to record infrequent or non-routine transactions.
B) simplifies the process of recording large numbers of repetitive transactions.
C) records all detailed data for any general ledger account that has individual sub-accounts.
D) contains summary-level data for every account of the organization.

Answer 1

A specialized journal is used to record transactions that relate to a specific sub-account of a general ledger account.

Step-by-step explanation:

A specialized journal is a type of subsidiary book used in accounting to record specific types of transactions. Option C) records all detailed data for any general ledger account that has individual sub-accounts is the correct answer. This means that specialized journals are used to record transactions that relate to a specific sub-account of a general ledger account.