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multiple choice question the purpose of a journal is to record a chronological listing of every transaction for a company. maintain a balance for each account. record all transactions for a particular item.
In accounting, a journal is a book - of - original entry that records transactions in chronological order. Maintaining account balances is the function of ledgers. Recording transactions for a particular item is also more related to subsidiary ledgers. The primary purpose of a journal is to record transactions in the order they occur.
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record a chronological listing of every transaction for a company