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WHAT Z SPECIAL G/L TRANSACTIONS?

Answer Posted / sandy

The G/L transactions other than AP & AR are known as special
G/l Transactions. Items like Advance to customers, Bills of
exchange, Interest etc are treated as Special g/l tnxs
Usually for Special G/l tnx there would be a reconciliation
account

Is This Answer Correct ?    7 Yes 3 No



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